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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (7242)	6/27/1999 12:45:00 AM
From: ISOMAN	Respond to of 20297

iionline.com In a conference call earlier Wednesday, the banks themselves acknowledged that CheckFree actually provides e-payment infrastructure to them, and that they 'had no intention of altering that relationship,' according to a statement. Kight further pointed out that while bill delivery is a part of CheckFree's business, and that there would be some degree of competition as a result of The Exchange's genesis, the company's exposure is very limited. Indeed, according to the CEO's statement, 'CheckFree derived less than $10,000 of its more than $179 million of revenue from the delivery of electronic bills.' Bottom Line: CheckFree is the undisputed market leader of end-to-end electronic billing systems, and the market's reaction to news of The Exchange's inception was nothing more than groundless panic. We see this as an attractive buying opportunity. So the stock drops almost %40 based on this.... Oh yes...this is logical Buy now, sell in September, wear a thong on the beach in the Bahamas in December.