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

To: Robert Gintel who wrote (800)	11/29/1997 10:21:00 AM
From: chirodoc	Read Replies (2) \| Respond to of 8545

<<<<<<Chirodoc, glad to see you are changing from a trading mentality to an investment approach. I suspect that may prove to be the more profitable avenue to take with this investment. ........about 5-15 percent of my limited protfolio is traded--usually voltile things like biotech or telebras where you can get killed if you stay in after a rally and bad news comes out--not day trading just cold feet when i see the edge of a cliff coming. .......i am a long term investor in checkfree, cisco, compaq, misc internet stocks and oil services---- with no reason to sell. .......i am especially perplexed by many readers worries about checkfree--hell i bought 100 shares for grandma--just to show her it is better than a money market account. ......i think that there are very few stocks with this kind of growth AND safety built in--you've got a near monopoly in an exploding sector (internet) with PC prices dropping to the point that a mom and pop computer with a printer, modem, monitor, and software is $1,000--and dropping fast. ......to this add the fact that internet TV device sales just doubled and the new cable modems will make the internet as clear and fast as your TV--for a platry $100-$200. and bill gates is pushings this to happen faster! wow! .......when mom and pop realize that they can pay bills with the push of a button--see their bank balance--and see their IRA in seconds--electronic bill pay and banking will explode. .......yes, i am content to sit back and watch this baby. ......i bought in at 17-18 and have about 700 shares------- just feel bad that i did not buy more. .....at what price do you think you would buy more? what is your time/price horizon? ......thanks for your encouraging and learned words

To: Robert Gintel who wrote (800)	11/29/1997 12:39:00 PM
From: Cymeed	Respond to of 8545

Dear Robert, Thank you very much for responding to my post and glad to see your here again. You are right about Intuit. CKFR gave 12.6 million shares (23%) for ISC and Intuit has to sell 2 million shares in order to get to below 20%. So if Intuit is doing what they have said to do, it would indicate they still hold 10.6 million shares (19.56%, before Integrien) of Checkfree, as a permanent interest. After I posted that question, I digged through some old files myself and found the old news release. Which, Doc, it's a very good news for you. Because 10.6 x $25 = $265 million, or 10.6 x $30 = $318 million. This is much higher than the $190 million "marketable security" Intuit Balance sheet has shown, needless to say they may hold other securities besides CKFR. Hidden assets ? Robert, I know you are a powerful man in the investment community (with money under control). May I offer you a stock tip, Cymer (Ticker Symbol: CYMI). Cymi, this tiny company, holds a key technology which determines whether the semiconductor industry would keep going to more and more sophisiticated chips (0.25, micron or under). In addition to the indiscriminate market slump for semi equipment makers, there are numerous untrue rumors spread around in regards to its prospect, short and long turn, that has slapped Cymi share price from near $50 to currently $19, and falling. Cymi has a total of 28 million shares, somewhere between 6.6 to 12 million is floating. But 4.5 million has been shorted as of November reporting quarter. Unbelievable. Their 1998 earning estimate in the range of $1.02 to $1.16 by analysts, and ~ $1.30 by SI posters. BTW, Cymi is the reason I choose my identity as Cymeed, or equivalent to "screwed by the short sellers." Have a good holiday season.