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Technology Stocks : CheckFree (CKFR)

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To: AugustWest who wrote (7797)	10/6/1998 8:07:00 AM
From: Edward F. Horst Jr.	Read Replies (3) of 8545

What the investing community sees it that they have to compete with MSFT, which money managers firmly believe most companies haven't survived. Until CKFR shows they are a formidable competitor, able to grow revenues and expand [not lose share], increase profits, etc. The last quarter misstep reinforced investors belief that CKFR may be heading south as MSFT continues to sabre rattle. I started to accumulate again yesterday because I too think the price is very attractive. I don't, however, have any expectations that CKFR will bounce back into the teens if the market strengthens. I'm also setting a tight stop loss, because in answer to how low it can go, ask Boston Chicken! We have heard very little from Pete or the company since CC so it's a good faith gamble at this point for me???? Market looks bit better today -- let's see how CKFR reacts if NAZ recovers...

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