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

To: jjs_ynot who wrote (4166)5/18/1998 12:51:00 PM
From: TLindt  Read Replies (1) | Respond to of 8545
 
Intuit is having a SPO to get the funds...that's why they are taking it on the chops...



To: jjs_ynot who wrote (4166)5/18/1998 1:18:00 PM
From: g_m10  Read Replies (3) | Respond to of 8545
 
Could it be that the previous EVP is selling his holdings?

Another real possibility, Excite borrowed $70 million from INTUIT to pay Netscape. Is it possible that INTUIT is selling some CKFR shares to cover the loan to EXCITE? This seems highly likely.

I don't know. It could be anybody. As stupid as it is to sell CKFR at $22, some is doing it. I'm biting my nails looking at this price and having no spare money to buy more. :-<


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