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


To: chirodoc who wrote (4847)6/4/1998 1:32:00 PM
From: Longterminvest  Read Replies (3) | Respond to of 8545
 
hi all,
>>market short term bearish, lots of selling in internet stocks, lots of selling in techs,lots of fear.

>>considering all of the negatives, ckfr is holding up. but we probably will not shoot higher till the msfdc worry/internet worry/tech worry subsides.

CKFR's near term worries are not MSFDC or tech or internet or bear market or selling in internet , techs etc etc...BTW INTC, AOL both up 1 3/4 on high voloumes(ofcourse i.e. also company specific)

What we need for valuations to expand is further "unit subscriber growth" i.e. major biller/bank announcements in near future.Hence CKFR's problem is company specific and not beta(related to market)...

-kalpesh