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Technology Stocks : CheckFree (CKFR)

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To: Cymeed who wrote (6703)8/12/1998 1:12:00 PM
From: AugustWest  Read Replies (2) of 8545
 
I agree with you that that was one of the stupidest things I have ever heard come from any CEO- giving his statement "I'm comfortable with analysts projections for next year's estimates of.32", If anything that capped their future share price. But I don't think there was malice there, and he did come out and restate his personal estimates with a full years advanced warning....

IMO, this should have been addressed a month ago, as clearly the writing was on the wall that there wasn't much support for CKFR from partnering banks. I still remain that any law suits would prove to be futile, and with out merit. JMO, and obviously I have been wrong in the past, but none of my investment decessions here were swayed by those advanced earnings estimates.
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