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

To: David H. Zimmer who wrote (11705)	11/3/1999 12:31:00 PM
From: zuma_rk	Read Replies (1) \| Respond to of 20297

FWIW - Having attended last year's meeting (along with AE and Mr. Gintel) -- nothing particularly earth-shattering was revealed. They did the formal business of electing board members, etc., Pete did a nice slideshow, and they took a bunch of questions. In fact, the small auditorium where the meeting was held was probably only 1/3 full (with many of the folks in attendance being Checkfree employees who were invited to hear the latest update on the company). While we may all think that tomorrow is a primo day for Pete and Co. to choose to bolster the stock for our benefit, lets recall that at last year's gathering the stock was in the range of about $16 or $17 bucks a share (on the long climb back up from $6), and there wasn't much news forthcoming. Interesting, though, that if one were to simply buy some stock based on the positive reports following last year's meeting and just sit on it, they'd be up about 130% right now. I guess there's something to be said for steadily building a position over time, filtering out all the day-to-day noise and taking a longer-term view. Better than trying to second guess what the short-term herd may be thinking, IMHO... rk

To: David H. Zimmer who wrote (11705)	11/3/1999 4:54:00 PM
From: Big Al	Read Replies (2) \| Respond to of 20297

David, I agree with many of your comments. They are very valid one's and are typical points made prior to a sell off. One thing I do know. This is not your typical stock. Pete and co. seem to have more lives than Clinton. I look back at the last two years and the ride was a roller coaster like none I have ever seen before. But for some reason this stock sems to defy all odds. The positive of this situation is that many indicators say that CKFR is oversold. With respect to the head and shoulders bearish chart that is now under pinning this stock, that is why much of the selling is taking place IMO. It shows this by virtue of the constant let downs of management to achieve profitability and forgoing the short term for the long term. The long term keeps getting longer with this one and it SUCKS. But somehow, just like Bill, mgt. keeps layng out the bait to tease you into staying in longer. Let's face it, this is a theme stock and because of that the market gives you more leeway when mistakes are made than say that of one in a established industry. So, in turn, some how CKFR let's down again but does not get the rath of the market like last August. The change in this industry is Huge. Every day is a new day and one has to roll with punches. It seems that we are on the 7th of nine lives. How, looking over the past 9 months, I do not know. Hoefully this the last of a string of disappointments. I give your downside scenario 50/50. I hope you are wrong to but if you are right, I would not be surprised for the reasons you state.