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Technology Stocks : CheckFree (CKFR)

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To: chirodoc who wrote (7332)9/6/1998 7:58:00 PM
From: Benny Baga  Read Replies (1) of 8545
 
>>> the surprise kings are msft and csco each quarter they downplay their future results then they come in about 1 cent above they are very smart did pete mention this at all? did he talk about working better with the street?

Actually, this point was brought up many times. CF realizes that they made a mistake with earnings predictions. Pete also didn't want to create a black hole by not giving any earnings guidance after the earnings revision (like open market did). Although he said after this fiscal year, CheckFree plans to get out of the "earnings prediction business".

Benny
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