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: JimNewby who wrote (7231)	8/31/1998 8:45:00 PM
From: micny	Read Replies (2) \| Respond to of 8545

Jim, you're right, it had to happen, but it had to happen because the "guidance" provided heretofore was "suspect". The company must have known that revenue growth didn't parallel subscriber growth because of contract minimums yet they left analyst believing that they did. It also is very unlikely that management just became aware of the mass transition to the internet. Consequently, like you said, it had to happen, but in most cases management would have managed the expectations such that the analyst who "bought the story" wouldn't have looked so foolish, in which case the stock price wouldn't have been so harshly demolished. IMHO