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

To: david barr who wrote (9616)	9/3/1999 4:22:00 PM
From: Ron S	Read Replies (1) \| Respond to of 20297

While you can let out a Yaaaahooooo, we have a strict limit on YeeHaas. We reserve that phrase for the announcements of AOL, XCIT, and LCOS going up with their bill pays. I hope this YHOO page isn't another trial balloon which will retreat into more testing. This has been a long two years for me, too; I'm sure I've aged at least five in this span, and I'm all tested out. I also hope YHOO is ready to do some heavy promotion of the product, because TLindt, Benny, Auggie, zuma and others have worn out their typed voices on this one and we need someone new to take over. Have a great long weekend, all, and here's hoping next week ushers in a new era of the portal.

To: david barr who wrote (9616)	9/4/1999 5:37:00 PM
From: Robert Gintel	Read Replies (2) \| Respond to of 20297

<<I have held this stock for 1.5 years now and they have been the longest two years of my life. >> Here's a list of the major institutional sellers and buyers in the June quarter.They were the ones probably giving you the most agita on June 23th and June 24th when Checkfree stock collapsed under enormous selling pressure.(Not all the figures for the June quarter are in yet) Major Institutional Sellers in the June quarter # shares Investment Company ___________ ___________________ 2,613,000 Janus Capital (Just bought their shares in the prior quarter) 1,200,000 Barry Fierstein (Been in and out 3x already 1,145,000 T. Rowe Price (Ditto) 903,000 Alliance Capital (Had just gotten in) 869,000 Columbus Circle (Ditto) 555,000 Driehaus Capital 503,000 Salomon S. Barney 409,000 Barclay Bank 401,000 Gardiner Lewis (Probably out of the rest} --------- 8,598,000 shares sold Major Institutional Buyers in the June quarter # Shares Investment Company __________ __________________ 1,361,000 Waddell Reed (United Funds) A new name 812,000 Goldman Sachs 381,000 Putnam Mgt. (holdings go up and down) 316,00 Fidelity Mgt. ___________ 2,870,000 shares bought Major holders Listed as of June 30th 1999 (Approximates) Number of shares Holder ________________ ___________________ 10.000.000 Intuit 6,700,000 Pete Kight 2,900,000 Fidelity Mgt. (Major buyer in March quarter) 1,929,000 Gintel Asset Mgt (Been around forever) 1,558,000 Gardner Lewis (Marked as a seller in June quarter) 1,361,000 Waddell Reed 1,260,000 Key Corp (Long term holder 910,000 Goldman Sachs (added substantially in March quarter) 780,000 Putnam (added in qtr. but has been in and out of the _____________ stock.) 27,425,000 million shs held. 54.1 million shs. oustanding. 1. Looks like some of those that put it up, helped bring it down So into whose hands did the other nearly 6 milion shares go? The public's? I hope so! 2.There doesn't appear to be that big a float, especially if the big stakeholders remain steadfast. 3. I sure would rather be in the next foxhole or in a crowded theater, with many of the people on this thread than with some of the modern day money managers. 4. I don't have a selling strategy. The good ones go a lot further than you might think, if you exercise enough patience.( In answer to a previous question.) 5. I am glad Yahoo finally got the site up and runing in time for the big Labor Day Weekend when there should be many more people spending time at their computer. 6. Let's stop fretting about managememt not getting the word out about Checkfree or not seeing the name in every magazine or newspapaer article we pick up. Management has done an outstanding job in keeping its shareholders and the investing public informed and interested in the company. Just look at the number of investor conferences management attends (including our own); the frequent press releases which are even E-mailed to interested parties; the regular and special conference calls which are replayed for the benefit of non-attendees; the special annual all-day institutional investor presentations at the company's headquarters (such as will take place next week); interviews in the media and press(CNBC for example); one-on-one visits to institutionl investors; and many more things we are not aware of. 7. The two best things about the secondary is that it didn't take place and that it exposed an awful lot of people to the company that hadn't heard of Checkfree before.