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


To: Benny Baga who wrote (5517)7/1/1998 8:23:00 AM
From: jjs_ynot  Read Replies (1) | Respond to of 8545
 
At 29 times, the price is below the 35 percent minimum growth rate. Thus, one could make a very easy argument that the price should be at least 35 today.



To: Benny Baga who wrote (5517)7/1/1998 9:33:00 AM
From: AE  Read Replies (1) | Respond to of 8545
 
CheckFree is now trading at 29 times next years expected earnings

Benny,
What is the significance of that statement? Is the company cheap, expensive on appropriately priced?