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Technology Stocks : CheckFree (CKFR)
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To: TLindt who wrote (3459)4/23/1998 11:18:00 AM
From: Brooks Jackson  Read Replies (2) of 8545
 
Just for fun, I bought 500 more at 25 and something, as a short-term trade.

This drop is based on no news -- it's just caught in the downdraft of all the collapsing Internet tulip bulbs. I seriously doubt Pete Kight would be keeping anything bad secret. And in a couple of days CKFR will announce either:

A. its first break-even quarter and the prospect of steadily growing quarterly earnings for as far in the future as the eye can see, or

B. its first PROFITABLE quarter and the prospect of, etc., etc.

All my opinion, of course. FWIW
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