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


To: TLindt who wrote (2806)3/23/1998 8:55:00 PM
From: Benny Baga  Read Replies (1) | Respond to of 8545
 
From Russ_99 on Yahoo:

WWW Internet Fund mgr. calls CKFR a "favorite"

The Wall Street Journal today reports in an interview with Lawrence York, lead portfolio manager for the tiny WWW Internet Fund that some favorites in the "adolescent" category are Checkfree Corp., a transation-processing company;Data Broadcasting Corp., an electronic financial-data provider; and Ticketmaster Group Inc., an automated-ticketing service.

Companies such as American Express are selected for the "mature" category, Mr. York says, because they are building their
infrastructures to benefit from the Internet. American Express is developing its credit-card business for electronic commerce, and its
financial and brokerage areas will benefit as consumers pay for advice and information over the internet. "Ultimately every business will have to adapt to the internet," Mr. York says. "We're trying to follow the leading-edge companies that recognize this and are changing internally to do it."

The balance of the article reflects the frustration investors have found in the returns of these Internet Funds given the recent rally in
several internet stocks in the face of the overall weakness in the technology sector. That's something all CKFR investors can relate to. IMO, April will be worth the wait and Tlindt you ain't gettin outa that cheerleaders costume yet, not even maybe. So resume da position and keep those pom poms in the air!