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


To: Benny Baga who wrote (3052)4/1/1998 9:57:00 AM
From: TLindt  Respond to of 8545
 
Ok, who's playing the April Fool's Joke with the stock price? (up +1)

Maybe the 10 to 1 got them...woke them up anyway.

What's the downside $5, and $200 on the upside? It's worth a small position I'd say.



To: Benny Baga who wrote (3052)4/1/1998 10:22:00 AM
From: Robert Gintel  Read Replies (7) | Respond to of 8545
 
Bloomberg is carrying an internal memo by Cato Carpenter of Alex Brown, a Ckfr Investment Banker, setting a target price of $40 and highlighting rumors that either American Express or AT&T is close to signing E_Bill service with Checkfree. Goes on to say that at one pilot plant Checkfree is working closely with customer and solving problems as they come up. At one pilot site MSFDC is having less success. Also electronic bill payment suscribers has slowed to 10% sequentially pending transition by banks to web-based solutioons which should be introduced next August and when launched will provide a major catalyst for the stock. Est earnings of $1.00 per share in the year 2000.

My 70th birthday was yesterday, but I can afford to wait!