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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: raymond marcotte who wrote (766)	11/23/1997 9:25:00 AM
From: Brooks Jackson	Read Replies (2) \| Respond to of 8545

Ray: I agree with you that CKFR is speculative, for the reasons you outlined. It's still a money-losing company. But, consider: --The economies of scale in e-bill and e-pay are well-established and enormous. --CKFR has the best product and the best track record in this exploding business (I've been paying bills via CKFR for years) --CKFR is losing money as a company only because it is still absorbing the cost of buying out its main competition, Intuit's failed billpay service. --The core business is enormously profitable. Banks pay about $4 per customer per month, and it costs CKFR about $2 per customer per month to service those customers. --CKFR is hitting all its targets, and if it continues to do so will hit break-even within six months. --Banks are pushing e-pay like crazy. It's their loss leader. Here in Washington DC Nationsbank has TV ads on featuring a smiling 20-something woman demonstrating how easily she pays her bills (by CKFR, of course.) --CKFR is thumping its competition. Intuit is gone. Integrion -- once a potential competitor -- has run up the white flag. The unholy alliance of Microsoft and First Data is still selling vaporware -- or trying to sell it, to customers who don't trust Bill Gates. Give me more speculations like this one

To: raymond marcotte who wrote (766)	11/23/1997 10:38:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 8545

<<<<<<but stocks like dell, oracle, and computer associates represented wonderful opportunities to get in at bargain basement levels ......i still think the leaders in computers, software, internet, biotch, drugs, and oils will outdo the market as a whole. and i think that checkfree will fe MUCH HIGHER in 2-3 years (ibought at $17) .....btw i am way long on the oil services also. .........okay--so what would you buy RIGHT NOW. what are at bargain basement levels that are not cyclicals? .......if you had to buy and hold for 1-3 years and want steady appreciation? p.s. my recent bargain basement stock is informix: I bought some at $6 recently.