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


To: chirodoc who wrote (802)11/29/1997 10:40:00 AM
From: Gullapalli  Read Replies (1) | Respond to of 8545
 
Chirdoc,

Your analysis of CKFR is in the money. They have the infrastructure, expertise, partnership with largest 200 banks (Chase, Nations, First Union, Citi etc) and Integrion - the joint venture between IBM and major financial institution. Now they are signing up companies which will issue bills(Utilities, Charge Card companies). Personally I cannot wait to sign up for this service. It will save postage and a lot of papaerwork and record keeping. It is one time technology created an all win situation. They hired a savy COO and a talented INDIAN as a their new CTO. Money is no object. Integrion just bought Warrants worth $100,000,000 and gave them all integrion's back office work. I debated about buying CKFR or FDC and I decided to go for broke with CKFR. Even my wife bought into the idea. Now I am debating whether to invest additional money in CKFR or TQNt, another compelling stock.

GK



To: chirodoc who wrote (802)11/29/1997 12:53:00 PM
From: Cymeed  Read Replies (1) | Respond to of 8545
 
Doc, I am considering to add more shares myself. But I believe there may be more downside opportunity in the near future, before the make-even quarter or unless we gain some major popularity in a sudden. Most people don't know this stock and scared away by the -$3 trailing earning. I used to think CKFR ought to trade at $5 before I understood their business. The stock seems to have made a double top at $30. So maybe we are not in a hurry to go above $30 soon. However, I would not sell just because of that speculation, I may be wrong.