SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (13052)1/8/2000 12:28:00 AM
From: peat  Read Replies (1) | Respond to of 20297
 
how would you like to be the guy that walked in the house this evening. kissed the wife. petted the dog. and went in to see how he did in the market today.

" hey, all right! " he sees that CKFR came back 4 today. that is before he checks his e-mail and sees the trade confirmation that his stop loss order closed him out at $70.

this happened today. i don't know where or when, but it did happen somewhere.

PETE



To: TLindt who wrote (13052)1/9/2000 10:32:00 AM
From: Rob C.  Read Replies (1) | Respond to of 20297
 
CheckFree Shares Retrace Losses in Market Rally


New York, Jan. 7 (Bloomberg) -- CheckFree Holdings Corp. shares recovered from a 19 percent decline to gain 5 percent as a broader market rally helped the Internet bill payment company's stock overcome investor pessimism that it isn't attracting as many customers as first thought.

Shares of Norcross, Georgia-based CheckFree, which routes bills between companies and consumers on the World Wide Web, rose 4 to 89 5/8 in Nasdaq trading of 4.9 million shares, five times the daily average of the last three months. The shares had declined to 69 3/4 in early trading but recovered along with other technology stocks as the Nasdaq Composite Index erased an early 16-point decline to rise 155.

Salomon Smith Barney analyst Richard Zandi said fewer consumers than he expected used the CheckFree bill payment service offered by Yahoo! Inc. in its first three months despite a free trial offer to new customers. Yahoo, the No. 1 Internet directory, in September began allowing its 105 million users to pay bills online through CheckFree, and last month began allowing people to receive bills over the Internet.

``Consumers aren't clamoring to pay their bills online' on Yahoo, Zandi wrote.

The CheckFree/Yahoo service attracted 107,000 visitors in September, its first month of operation, 48,000 in October and 117,000 in November, according to Media Metrix, which tracks Internet traffic.

Zandi said he now expects CheckFree to lose 44 cents a share in fiscal 2000, more than the 36-cent loss he predicted earlier. He said the company's pending $250 million acquisition of BlueGill Technologies Inc. would reduce earnings at first.

``I don't know what (Zandi's) expectations were but those numbers are not disappointing from CheckFree's perspective,' said Terrie O'Hanlon, a company spokeswoman.

O'Hanlon added that Yahoo is only one of 59 sites where consumers can pay bills online using CheckFree's service and that it's still ``early' for Yahoo.

CheckFree shares soared 347 percent last year, partly on optimism about its Yahoo partnership and deals with other Internet sites. The stock has declined 14 percent so far this year along with many Internet companies.



To: TLindt who wrote (13052)1/10/2000 8:41:00 AM
From: AugustWest  Respond to of 20297
 
hey Tom, check this one out.

I suppose better to work with them before they buy 'em, er hypothetically of course<g>

Message 12518186