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

To: Benny Baga who wrote (1842)1/26/1999 7:07:00 PM
From: JimNewby  Read Replies (2) | Respond to of 20297
 
The Company estimates incurring incremental expenses of about $4 million, as well as up to $2 million in capital spending, in fiscal 1999 in support of the agreement.

With no expected revenues from this in 1999, I might add.

Jim



To: Benny Baga who wrote (1842)1/26/1999 11:05:00 PM
From: Cymeed  Read Replies (1) | Respond to of 20297
 
<<< the question is, will it effect next quarter earnings >>>

Yes, it means we will be break-even or in red for the rest of fisical 99, and some depreciation cost beyond.

This makes CKFR look more and more like Amazon.com - huge growth, promising future, but no current earnings. I just hope our growth will match Amazon as well.


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