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


To: chirodoc who wrote (1672)2/17/1998 8:09:00 AM
From: TLindt  Read Replies (1) | Respond to of 8545
 
>>>......what will you do?

I'm going to go back and look at the deal they made with Intuit when they purchased ISC....why they paid 10M twice in license fees. How long those license fees are good for, do they expire, if so when. I noticed something in the 10Q about getting 8.something M credit on one of those fees.......must be for not hitting an agreed target on the deal....I don't know I'm going to look. But what I do know is Intuit booked that last 10M......if CheckFree did get a credit.....Intuit may have to unbook some revenues this Q. I want to get a feel for how they have worked this together in the past. I don't know if you noticed I jumped Intuit as it was spiking, my target was 40's.....unloaded at 47.

I feel safer putting that Intuit profit here for the time being than I do leaving it in Intuit, so I guess I'm going to buy some more. I don't see this as a 20 something priced stock....I'm going to work the position into the 30%+ range and see what pans out. I want to see which line they are on first.