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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 (3548)3/9/1999 9:08:00 AM
From: zuma_rk  Read Replies (1) | Respond to of 20297
 
Nice early morning news...

Deutschbank initiates coverage with a buy rating, 12-month target of $70 bucks!!!

Guess we now now who's been buying the past few days <g>

RK



To: Benny Baga who wrote (3548)3/9/1999 9:10:00 AM
From: AugustWest  Respond to of 20297
 
>>Maybe Burton meant a price target of $15, after a 3 for 1 split?

Not good enough for me. Unless it has already done the 3-1 and my brokerage accounts haven't updated my portfolios<g>

That was the lamest downgrade I have seen. Made absolutely no sense. And IMO, cost them(him) creditability.

On a side note, we may be trading a bit down this morning, but I don't think this was a DCB



To: Benny Baga who wrote (3548)3/9/1999 9:11:00 AM
From: Sam Biller  Respond to of 20297
 
Looks like the Mobius purchase and the charge is not hurting...

Pre-market Bid @ $36



To: Benny Baga who wrote (3548)3/9/1999 9:13:00 AM
From: Robert Gintel  Read Replies (3) | Respond to of 20297
 
How come you guys didn't pick up Checkfree's acquisition of Mobius for stock? It was announced last night.
The service here is getting very sloppy!



To: Benny Baga who wrote (3548)3/9/1999 1:19:00 PM
From: MGV  Respond to of 20297
 
"I think there are two different Mobius's that were talking about here."

You are correct. Closely held Mobius Group vs. Mobius Management Systems (MOBI).

For the reason stated, I do like the Mobius Group stock purchase.
Considering the CKFR share buy back last fall, the cost of Mobius was approx. $2.8 M. A nice trade.