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

To: zuma_rk who wrote (3574)	3/9/1999 11:58:00 AM
From: g_m10	Respond to of 20297

MM's presence on Nasdaq is the cause of many funny things on our charts. They are not always that obvious as it was the last time. To give you just one example. On a normal day a block of 5,000 shares can move the price 1/2 a point. Next to this trade you can see a block of 600,000 shares drops the price only 1/32 down. Looks like a very strong support. But most probably MM had an order to sell 600,000 shares and was doing it by selling short all day long. After all the shares have been sold, he moved all the chunk of 600,000 from the client's account to his own scalping 1/32 along the way.

To: zuma_rk who wrote (3574)	3/9/1999 12:21:00 PM
From: Benny Baga	Read Replies (1) \| Respond to of 20297

The Deutsche Bank Securities report on CheckFree talked at length about the Intuit suit. Highlights (IMHO) are as follows... * The Intuit suit seems to have merit, based on information received from Intuit. Although felt that CheckFree and Intuit would most likely reach some sort of agreement. * The suit mentions "Yahoo!" by name as the one exception to the April 13th agreement. Amendments were made to the contract for Yahoo. * The exclusive agreement was for 18 months, with a possible 12 month extension (extention was up to Intuit). * The purpose of the April 13th contract was too exclude Intuit from working with Transpoint, and exclude CheckFree from working with Portals that Intuit had already established a relationship (i.e. 30 million Intuit paid to AOL in Feb. 1998). * CheckFree is in a win-win situation. No matter where EBPP is presented it will spur the industry, and drive banks and brokers to roll out their own EBPP offering sooner. my 2 cents... * Per the latest CheckFree release. CheckFree and Intuit are still on talking terms, I expect Checkfree to work with Intuit to get this resolved, hopefully by the next Quarterly conference call. Benny(IMHO)