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


To: TLindt who wrote (5712)7/8/1998 11:00:00 AM
From: AugustWest  Read Replies (1) | Respond to of 8545
 
>>CKFR teeters on the brink

But apparently, some one is keeping us afloat.....

Is that what two buys gets us?



To: TLindt who wrote (5712)7/8/1998 11:06:00 AM
From: Benny Baga  Read Replies (3) | Respond to of 8545
 
Tom,
Where do you think earnings will be this quarter?

I know most estimates are for 3 cents and a few for 2 cents. I got the feeling last quarter they had to stretch to meet the .00 estimate. I'll be happy as long as they can meet the 2 cents est, but of course would like to see 3 cents or higher.

As for one-time charges this quarter, they purchased the OHIO building for around 18 mil. but sold of a division for around 18 mil. So these should cancel each other out, not that it matters that much anyway.

Benny(IMHO!!!)



To: TLindt who wrote (5712)7/8/1998 5:50:00 PM
From: g_m10  Read Replies (1) | Respond to of 8545
 
Very interesting, two buys in the last 2 days with increasing targets.
My guts feeling is that both upgrades were issued to sell the stock at good price. Market was holding the breath before Yahoo earnings today after the market close.
Yesterday's day chart was showing sell off. Large chunks were crossing the tape and the price was depressed. Volume was small, and the price didn't go too much down. Looks like most of the shares have already been washed out of weak hands. Today selling of big chunks continued , but was more than compensated by buyers, which I think new something in advance about Yahoo earnings.
Anyway, I stopped at Yahoo thread and they are very upbeat. I guess the results are very good.
I dare to predict a very good day tomorrow for CF. That sucker will learn tomorrow what he was selling yesterday.
Cheer up.
Just my $0.02