To: zuma_rk who wrote (2941 ) 2/28/1999 2:42:00 PM From: zuma_rk Read Replies (1) | Respond to
Hey -- just signed up for the free trial service to TheStreet.com, which seems to be linking to just about every publicly traded company's news ticker to drum up eyeballs. Here's the excerpt from the Checkfree mention from the RS conference in San Francisco:I heard CheckFree Holdings (CKFR:Nasdaq) and liked what they had to say: an unlimited future in electronic check processing on the Internet. But when I asked an analyst who was sitting next to me about the company, he said it wasn't a good buy because Microsoft might enter the business. Checkfree CEO Peter Knight had said that Microsoft might enter the business, but hadn't yet processed one transaction. (Andrew Stern is professor emeritus of journalism at the Graduate School of Journalism at the University of California at Berkeley. He is also an investor, and we asked him to take a random walk at the RB conference). AND an investor! Reminds me of the old Saturday Night Live bit -- It's a floor wax AND a dessert topping! I would'a taken Pat Mudge over Andrew Stern any day of the week (heyyy...where 'ya been, Pat...?)LIKE the disinformation. It makes for a more slow, steady, random-walk northwards in the stock price, with nice breaks for support-building all around. IMO, it lets lots of folks who take the time to do their homework to get in at ground zero.
