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

To: K9 who wrote (4933)6/8/1998 2:16:00 PM
From: Benny Baga  Read Replies (1) | Respond to of 8545
 
Welcome!

Thanks for your opinions, if I may comment....

>>>Management has paid lip service to increasing share holder value but the fact is the stock traded higher on the day of the IPO than it is today.

...In my opinion the stock was overvalued at the IPO. CF was looking for 15 bucks a share and got 25. One other thing that set the stock price back was the purchase of Intuit payment services. Thanks for your opinion.

Benny



To: K9 who wrote (4933)6/8/1998 4:17:00 PM
From: Gregg Soster  Respond to of 8545
 
Actually, Comuserve (aka AOL) operates the POP you were dialing in on. They should have told CheckFree and CheckFree should have told you.

Secondly, the stock got nowhere near 23 on IPO day but I agree that the performance is lackluster to say the least. Of course if you averaged down when the stock was below 10, your one happy camper right now.


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