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


To: TLindt who wrote (7229)8/31/1998 8:12:00 PM
From: JimNewby  Read Replies (1) | Respond to of 8545
 
CKFR
I think that it took guts to give a realistic evaluation on future earnings. Look what has happened to a lot of over valued high flying tech stocks today. CKFR has accomplished the same loses over a protracted period of time. If the CEO hadn't lowered earnings expectations, the market would have. CKFR is now prepared to sell this beaten down-fundamentally sound stock to hungry institutional buyers looking for a safe haven to get out of the storm. If they are successful, this stock will retrace itself to new highs. Keep an eye out for a recovery with strong volume. Ask those who went to Florida, their opinion is worth a lot more than mine.

Jim