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

To: pat mudge who wrote (1044)	12/21/1997 2:37:00 PM
From: chirodoc	Read Replies (1) \| Respond to of 8545

<<<<<There are subtleties here I clearly don't understand. ...might direct it to bob gintel--he would probably know. otherwse try TLindt or jumper. ..sorry i am no help on this one.

To: pat mudge who wrote (1044)	12/21/1997 5:07:00 PM
From: Charlie Smith	Read Replies (1) \| Respond to of 8545

Pat: I think you're reading more into this filing than is actually there. It looks like standard language in a poison pill, put in to avoid activating the pill if a less than 15% holder happens to get pushed over the line because of a buyback. Not necessarily a signal that CKFR is anticipating a buyback or self tender (the same thing), but that if it occurs the pill is not activated for those already holding some number of shares close to the 15% line. That's my take. Charlie