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


To: micny who wrote (13007)1/7/2000 11:06:00 AM
From: Benny Baga  Respond to of 20297
 
>>>He appears to have timed this release for maximum impact, cosidering the nervous market.

No doubt. Although what is surprising is that he carries any weight, Having a price target of $20 dollars is not something to brag about. Still trying to figure out if the report is positive or negative, he says sub growth is slow, but doubles price target.

What a joke...

Salomon Smith Lowers Checkfree Fy2000 Eps Estimate to Loss
$0.44 (NasdaqNM:CKFR)

biz.yahoo.com

Salomon Smith Raises Checkfree 12-month Target Price to $40 Vs
$20 (NasdaqNM:CKFR)

biz.yahoo.com

...I would have to ask him, does the lower sub growth justify a 100% increase in a price target?

Benny(IMHO)