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 (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: Jumper who wrote (691)	10/28/1997 5:48:00 PM
From: Paul Dubsky	Read Replies (1) \| Respond to of 8545

Where is the news release? CKFR did shoot back quickly earlier than the rest of the stocks, but didn't finish on the days highs, like most others. That tells me that there is news out there. What could it be? Also, I want to clear some things up as I've seen various posts and references as to who owns whom. It's my understanding that INTU has an equity position in CKFR by as much as $300M, not the other way around as I seem to recall someone stating. Is this correct? If so, why wouldn't it be wise to by INTU given it's equity posistion in CKFR and XCIT? Granted it has recovered substantially from the low $20s, but it had been as high as 80 a couple years ago when MSFT wanted to by them. Also, the stats on CKFR have higher premiums that INTU. Most of CKFRs business won't crank in until well into 98, so it seems the short term valuation of CKFR is ALL speculation of what they can do, not what they're doing, earnings wise, today. Thoughts? (By the way, I unloaded when the price got back to $26.50 knowing that it opened around $23. But, always looking for an excuse to get back in. I want either CKFR or INTU. Again, it seems that I can have both if I buy INTU.)

To: Jumper who wrote (691)	10/28/1997 6:21:00 PM
From: TLindt	Read Replies (1) \| Respond to of 8545

Probably a quick reminder...... I was told a long time ago.....you can't go broke taking profits....but yea, we've both been caught with our pants down on this enough to be called nudists.