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


To: AugustWest who wrote (2343)2/5/1999 4:26:00 PM
From: Harp  Read Replies (1) | Respond to of 20297
 
Y2K and CheckFree

I was looking for opinions on Y2K and what it might mean to CheckFree.

Most (if not all) US banks are committed to freezing all software and computer hardware June 30 1999. (This is also true of many billers, but they vary greatly.) This inactivity by the banks could seriously cut down on subscriber growth the second half of this year. If a bank has not implemented bill pay by 6/30/99 they will not be able to install until Jan 2000.

However, the inactivity by the banks may be a big opening for the portals. If CheckFree gets a couple of portals up and running (Yahoo and AOL or Excite) customers might flock to the portals and forget about the banks?

Also, if the Y2k problem prevents billers from coming on line this could be bad new for CheckFree.

any comments?



To: AugustWest who wrote (2343)2/5/1999 5:29:00 PM
From: Mr. Mo  Respond to of 20297
 
Alright, perhaps I'm overly optimistic, but I'm gonna guess that CKFR doesn't see the 20's again...in the near term, anyway. I think this was an irrational selloff of the entire tech sector and I think cooler heads will prevail after everyone has the weekend to think about it.

My guess is $32 1/2 on Monday, 2/8.



To: AugustWest who wrote (2343)2/5/1999 5:33:00 PM
From: D Mueller  Read Replies (1) | Respond to of 20297
 
I'll say 28 1/2 on 2/14. I'll be buying more Check Monkey at that point.

Don (Make it a case of Shinerbock sp??)



To: AugustWest who wrote (2343)2/6/1999 12:38:00 AM
From: Estimated Prophet  Respond to of 20297
 
I'm in. 32 7/8. I'm totally new to this stock and I'm gonna average in if it goes down.

Them voices tell me so.

EP