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Technology Stocks : CheckFree (CKFR)
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To: Brooks Jackson who wrote (2412)3/10/1998 9:55:00 AM
From: TLindt  Read Replies (1) of 8545
 
>>>Be glad CKFR is not an internet stock. They will have to add another chapter to the next edition of "Extraordinary Delusions and the Madness of Crowds" to explain the tulip-like speculative bubble we are seeing in stocks like XCIT and YHOO.

There is nothing wrong with riding a Mustang now and again, of course it is one of those, 'you had to have been there stories'.

As for CKFR is not an internet stock......that's what makes this a great stock. No it's not a 'pure' internet stock by an XCIT definition. There are a lot of things this company does to provide specialized software and raw processing horsepower for others in need.

But they are also cornerstone to online banking....a complicated & specialized internet business. Whereas there is no one company behind the online successful brokerages....I can only speculate what will happen to this stocks price when 'online banking' becomes a Buzz Word.
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