Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Gintel who wrote (2693)	3/19/1998 10:01:00 PM
From: grasshopper	Read Replies (3) \| Respond to of 8545

For all TLindt's 'touting', this doesn't appear to be the 'wealth builder' he thought, . . . yet. impatient grasshopper (scoping out the next set of calls)

To: Robert Gintel who wrote (2693)	3/20/1998 6:54:00 AM
From: Benny Baga	Respond to of 8545

Thanks for the heads up! >>>I have encouraged Checkfree management to use this opportunity to initiate a stock buyback program to offset some of the shares previously issued for options, corporate acquisitions, and now for Integrion warrants. A stock buyback program would be the best way (short+Long term) to drive the price of the stock up. IMO. Thanks again, Benny

To: Robert Gintel who wrote (2693)	3/20/1998 7:40:00 AM
From: Brooks Jackson	Read Replies (1) \| Respond to of 8545

Robert: Thank you for sharing what you are hearing. It does sound more than plausible that MSFDC would try to team up with Citi's billpay -- which for the vaporware vendors at MSFDC at least has the virtue of existing. And I agree with your analysis: once such a combination is on the field, CKFR's superiority will be quickly apparent, first to bankers and, once earnings start to flow, to Wall Street as well. But, regarding stock buyback, wouldn't it be better to wait until they have several quarters of earnings? In any case, if the price stays down for a few days it would have the beneficial effect of reducing or eliminating the charge due to the Integrion warrants, correct?

To: Robert Gintel who wrote (2693)	3/20/1998 2:22:00 PM
From: Brooks Jackson	Read Replies (1) \| Respond to of 8545

Robert: A good question was raised here, and perhaps you have an answer. Is Citi rumored to be SELLING it's billpay system to MSFDC, or joining as a third joint-venture partner, or what? Your original post spoke of Citi "joining" and even putting IN money, and I assumed from that the rumor was that they would be a partner. If so, I agree with micny's post: Message 3782182 Also: anyone here know for sure HOW unprofitable Citi's billpay system is? It seems to me CKFR will have a huge cost advantage over any MSFDC-Citi combination, at least to begin and probably for years and years to come.

To: Robert Gintel who wrote (2693)	3/23/1998 12:01:00 AM
From: TLindt	Read Replies (1) \| Respond to of 8545

>>>I have encouraged Checkfree management to use this opportunity to initiate a stock buyback program to offset some of the shares previously issued for options, corporate acquisitions, and now for Integrion warrants. It's their decision, but at least we have their ear. Question; When Integrion purchases their 3 million shares they were granted in the first round of warrants.....that's 63 Million in Cash for Checkfree, Right? It is the right to buy at 20 15/16...they don't have share one yet until we see the cash, no.... If so, what are they going to do with the Cash?