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Technology Stocks : CheckFree (CKFR)
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To: Robert Gintel who wrote (2693)3/23/1998 12:01:00 AM
From: TLindt  Read Replies (1) of 8545
 
>>>I have encouraged Checkfree management to use this opportunity to initiate a stock buyback program to offset some of the shares previously issued for options, corporate acquisitions, and now for Integrion warrants. It's their decision, but at least we have their ear.

Question; When Integrion purchases their 3 million shares they were granted in the first round of warrants.....that's 63 Million in Cash for Checkfree, Right? It is the right to buy at 20 15/16...they don't have share one yet until we see the cash, no.... If so, what are they going to do with the Cash?
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