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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (2297)3/5/1998 11:48:00 AM
From: Rob C.  Read Replies (2) of 8545
 
Wheat First Union issued Company Report

Just got this on Pointcast today....maybe this is why the stock is running today.....lol...

Posted: March 4, 1998

On February 5, 1998 Wheat First Union analyst Charles Wittmann issued a 4 page Company Report on Checkfree Hldgs. Report highlights: "The 1998 and 1999 EPS estimates were raised from a loss of ($0.07) and $0.27, to a loss of ($0.05) and $0.30, respectively, to reflect a strong quarterly performance. A BUY rating was maintained with a 12 month target price of $35. The company reported second quarter EPS of a loss of ($0.02) versus a loss of ($0.13) in the same period last year. Results were driven by a 10% increase in subscribers as well as a 28% increase in total revenues."
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