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


To: Benny Baga who wrote (7425)9/10/1998 9:42:00 AM
From: Edward F. Horst Jr.  Read Replies (2) | Respond to of 8545
 
You seem to be willing to make a gross assumption of 100% from these levels. I might agree with that level of appreciation from $8, but my purpose is not to debate your projection. Pete has your answer as to how CKFR might allocate additional funds to accelerate growth. He is in a position of deciding on these alternatives vs appeasing the market short term through buybacks and limiting the losses, especially on the next quarter. I just hope he stays the course and does more of what he does well, which I interpret as increasing investments in the growth of the company. I wish a simple buyback would boost the markets perception of the stock price, but I don't see much cause and effect from the buyback announcement.



To: Benny Baga who wrote (7425)9/10/1998 11:41:00 AM
From: TLindt  Respond to of 8545
 
Since this stock is fundamently dead until after the Dec 98 Q, as that period of time has been projected to death. I just want to fool around a little with the technical side on MACD.

This graph bottom clearly shows a weakening of the stock in the week of July 16th, and a sell soon after. It also show a bottoming action at about $10...and any selling after that produced the $8 & $9 steals we saw with a complete reversal on 9/1/98...news driven or a little technical? The temporary up-trend is also still intact, that to me is why this market action is really not effecting CKFR at this time. FWIW this didn't only track the last down & up, but most for the last year or so.

askresearch.com

And if technical don't interest you, consider this post comic relief.