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Technology Stocks : CheckFree (CKFR)

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To: cyberman who wrote (7826)	10/6/1998 5:56:00 PM
From: Ron S	Read Replies (1) of 8545

You certainly didn't get a straight answer to your questions of the Florida trippers. Nothing said there indicated the company was doing poorly (except for the previously announced earnings and bank web-solution delay problems). The story was upbeat as reportedly was the Company conference with institutional investors at their HQ the following week. The company has had perennial problems with investment relations and press relations in general (witness continuing articles stating MSFT or TP dominates ebanking and ebill and is the only company close to having a working product) CKFR has hired someone new to "correct" these problems and egregious misstatements. Some institution(s) must want out of this stock badly. Possible earnings disappointment in two weeks?, but they already prewarned two months ago. Selling everything in this industry indiscriminately? Misreading of the Citicorp announcement to fear their "entry," or MSFT's predatory domination or other old news and nonsense?

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