Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Estimated Prophet who wrote (20070)	5/22/2003 2:38:33 PM
From: AugustWest	Read Replies (1) \| Respond to of 20297

Here's a bit more information on the ML downgrade.... CheckFree (NASDAQ: CKFR) cut to Sell at Merrill Lynch: downgrades to Sell from Neutral based on their belief that: 1) the shares are more expensive than they appear when valued on finite cash flow streams, 2) revenue growth is not as strong as it appears when adjusting for BofA (19% of revs) and the increases in revenue minimums, and 3) the competitive environment has become significantly tougher; believes CKFR shares would be more appropriately valued in the $15-$20 range. >>I am waiting for about $12-14 to buy.<< Well, we seem to be on the same page WRT our preferred entry point. Actually, since I've seen it in single digits twice already, I know it can do it So I wouldn't mind picking up some of those single digits again.