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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (7027)	8/21/1998 11:13:00 AM
From: PeterR1700	Read Replies (1) of 8545

Tom - this came from Motley. Any credence worth considering? "I bought CKFR, sadly, at the top, or close, thinking that it was the next technological leap for banking and checking accounts. Does the statement made in the last quarterly earnings announcement that banks were "looking at Internet solutions to clearing checks" mean that CKFR now has an obsolete approach for clearing checks? That seems to be the way it is interpreted, judging from the market reaction. If their approach is not obsolete, this seems like a very good time to buy more stock." Peter

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