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Strategies & Market Trends : Position Trading Forum

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To: DJRoss who wrote (278)	8/13/1998 11:39:00 AM
From: AugustWest	Read Replies (1) of 7247

Doug, a minor correction to your post regarding CKFR.... >>CKFR: Electronic Billing last 13 15/16 Dn 9 3/16 on 9.9M shares(52wk: 12 1/4-31 1/2) avg vol: 375K(low liquidity) Insider Trading: LOW Earnings surprises- Company states -.04 to -.06 vs street est 0.31<<< As far as earnings, they met the streets estimates of .03. But the company revised FY '99 earnings from .32 to .12-.16 (check out the CKFR thread for reasoning)....... the -.04 to -.06 earnings are for next Q(1stQ for FY '99...... That's all, but, BTW, I bought some yesterday at 13.5. Might trade in the 13-15 range for a couple months though, until the FIs start rolling out their EBPP(electronic bill presentment, payment). Regards, August.

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