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Technology Stocks : CheckFree (CKFR)

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To: Big Al who wrote (7975)10/8/1998 7:52:00 PM
From: Benny Baga  Read Replies (1) of 8545
 
>>>How much $$$ did CF authorize to buy back. If CF was the support today and they go through their wad, we could keep going.

The authorization was for 1.5 million shares, not a dollar amount. I don't think today's action had much to do with the buy back, because I think they've been buying back shares since 11 dollars a share (four weeks ago).

But Allen, I agree with you that we should be cautious, and that the downside risk may still be hanging around. And as far as me talking about 0, I was having wierd dreams that the SEC was putting chains and locks on the front doors of CKFR.

Benny
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