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

To: AugustWest who wrote (6726)	8/12/1998 4:34:00 PM
From: Longterminvest	Read Replies (1) \| Respond to of 8545

>>From gunho CKFR to this is a peice of shit only cause you foolishly bought when you shoulda' been selling. Hey all, the high for the day was at the open, 14 5/8. i won the bet. Read my posts from Aug 6 onwards... >>Post 6532 Aug 6, >>To all, Important message, somebody just bought 200 august puts on checkfree this morning, are we going to be disappointed next thursday??? -kalpesh >>Post 6239 July 24th Bob and others, I know some FDC lovers who are advising their clients to short CKFR. -kalpesh >>post 6306, july 27th Its not a CAMEL, its a DOG !! -kalpesh >>post 6472, aug 4 Hi everyone: One analyst suggested me to short checkfree at $30 two weeks ago, ofcourse I didn't short it but sold off my remaining position and now will buy it back at around 22-23 level. so much for a camel ride. -kalpesh (P.s. this stock has underperformed the market i.e. S & P hugely YTD. it qualifies as a laggard if not as a dog, IMHO!!!) >>post 6536, aug 6th I was just stating my observation this morning. By no means I meant to be bearish on the stock. I believe in it as much as you all do. Only thing I have to caution you is not to be too passionate about the stock and fall in love with it. afterall, CKFR is not the one which earns me bread & butter at the end of the day. If at all, it has incurred me some losses YTD. hence I have learnt to be objective and put things in greater schema/perspective and not fall in love with the stock. i.e. to look at opportunity cost of my investments and relative performance of the stock/portfolio. thats all. -kalpesh >>post 6538, aug 6 When I said that you were passionate, I was refering to your these comments. I know that you are well informed. To you response to earnings, you may not care but the market cares, and market plays on it. I also did buy some this morning but plan to sell them on befor the announcement. The key would be the guidance mgmt. gives for the second half and beyond. If they are bullish, I will jump back in on next monday, i.e the week of 17th, even if It cost me a buck or 2 more. That's the phenomenon with this sucker. There are too many SMART hedge fund managers moving in and out of CKFR like this, and we sit here and master**t about it. -kalpesh >>post 6587, aug 11 No wonder, CKFR goes down after the announcement, 'cause they meet the estimates Whereas YHOO, LCOS etc. come in with +ve surprises although on -ve bottomline, people reward them and only them as internet stocks, and not our CKFR. -kalpesh AFTER THE BLOW----- >>post 6618, aug 11 6:18 pm. To: ????term?????? ...have any additional subtle-negatives to put on the table??? These were not subtle negatives... my friend, market knows more than the individuals -kalpesh >>post 6721, aug 12 If this helps all you long guys... This post is intended only for our friends who appreciate objective information and this comes straight from WALL STREET, -------------------------------------------------------------- FOR INTERNAL USE ONLY Post CheckFree conf call. We will be revising our EPS estimates down to the guided range (as we mentioned this morning) from 32 cents in 1999 to the 12-16 cent range. We will also revise our price target to $34-35 from $42. While the visibility remains low for the next 6 months, and catalysts and expectations are low, we reit our Buy as we do not believe there is a managment execution story but a transition phenomenon as banks move to web-based marketing from a PC-based marketing. Metrics: Stock is down 45% approximately on a 20% guided estimate, lower on the revenue line and is now trading at about 3x fiscal 99 revenue. We reit our Buy at this level. - - - - ------------------------------------------------------------ This is from JP Morgan.he is being typical of supportive to the management. I respect the guy but at this point, clients won't listen to him. hence he doesn't have clout to push the stock up. hence the stock will trade in this range of 12-14 range for some days. Also there may be a dead cat bounce tomorrow. It will take a miracle like AMEX or something to drive the stock up from here. --------------------------------------------------------------------- This is what i call objective view on the stock -kalpesh