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Technology Stocks : CheckFree (CKFR)

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To: Benny Baga who wrote (7938)10/8/1998 10:17:00 AM
From: Gregg Soster  Read Replies (2) of 8545
 
I'm saying that Y2K is a minor consideration. Too many other factors are affecting the price.

1. Instiutional investor adjusting portfolios
2. Lack of subscriber growth, revised earnings announcement
4. Technology sector sell-off
5. A general apathy by the press toward CKFR
6. Transpoint competiton
7. Monica Lewinsky (grin)

Yes, Y2K will retard the stock growth via curtailed subscriber growth but not pressure the price further down on it own. In fact, a smart bank would begin announcing it's Y2K readiness and leverage subscriber growth via that confidence. Where would you put your money?
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