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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (483)12/4/1998 9:24:00 AM
From: zuma_rk  Respond to of 20297
 
17 1/2 bid, pre-open...

JP Morgan reiterated buy this morning. Price target of $35. They also implied that CF management was still comfortable with JPM's projections.

Yesterday's decline may have been caused in part by Legg Mason, who, JP Morgan implied in its report, was running with FY 99 estimates that were too high (Legg Mason published their reduced numbers this morning).

RK