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Technology Stocks : CheckFree (CKFR)

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To: Rob C. who wrote (2225)3/3/1998 11:54:00 AM
From: Benny Baga  Read Replies (1) of 8545
 
>>>buy the company?

Won't happen as long as Pete Kight is CEO (own's 12% of the company). Pete built this company from the ground up, and will not let it go. No one entity(sp?) is allowed to own more that 20% of the company, therefore, a hostile takeover will not happen. A takeover would have to be approved by the board (since they own majority), and this will not happen. If Microsoft thought they would have a chance of buying CheckFree, they already would have. IMHO.

Benny
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