Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cymeed who wrote (6703)	8/12/1998 1:12:00 PM
From: AugustWest	Read Replies (2) \| Respond to of 8545

I agree with you that that was one of the stupidest things I have ever heard come from any CEO- giving his statement "I'm comfortable with analysts projections for next year's estimates of.32", If anything that capped their future share price. But I don't think there was malice there, and he did come out and restate his personal estimates with a full years advanced warning.... IMO, this should have been addressed a month ago, as clearly the writing was on the wall that there wasn't much support for CKFR from partnering banks. I still remain that any law suits would prove to be futile, and with out merit. JMO, and obviously I have been wrong in the past, but none of my investment decessions here were swayed by those advanced earnings estimates.

To: Cymeed who wrote (6703)	8/12/1998 1:25:00 PM
From: Edward F. Horst Jr.	Read Replies (1) \| Respond to of 8545

I listened to CC and found the following positives: [1] Pete continued to invest in future growth initiatives as opposed to crumbling to Wall Street pressures near term; [2] MSFDC offering, while it works, is a "closed solution" which billers are not accepting; [3] Operationally, Checkfree continues to manage with expert precision; [4] Asset and Operations sales continued to reinforce company focus to lead the online financial services space; [5] Pete showed he has guts, which is a sign of a leader! As soon as the momentum players are cleared from our path, while providing an excellent buying opportunity, long term patient investors will be rewarded. Intuit owns 19% and I don't see them selling. This is the 3rd investment opportunity in a quality company which the momentum folks have made possible recently, and I'm grateful! GO PETE!!!!