Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Benny Baga who wrote (4171)	3/31/1999 11:45:00 PM
From: Spots	Read Replies (3) \| Respond to of 20297

Hi, folks, I have some questions. Here are some fundamentals from Yahoo as of today, now, a few minutes ago: Mkt Cap 2.174B Last qtr -0.27 per sh P/E N/A Range 5 3/4 - 45 The questions: Does anybody care about positive earnings? Is this an internet stock? Do you (the impersonal "you," Benny <g>, not picking on you) trade AOL too? These questions are rhetorical, but the point is, is CKFR a high-flyer or a great value. I thought value, and I guess most here do too, but I'm beginning to have serious doubts, especially in view of the run-up with no fundamental backing. And more, below. What kind of customer relations is it when CKFR raises price by 3 bucks a month and uses their power of bank draft to take it with no notification, by-your-leave, kiss-my-ass, go-to-hell. or anything else? This is what they just did to me, and it has me worried. I'm still a stockholder, though I haven't checked in for a while. I'm short May 30 calls, but heck, with the current volatility I could roll 'em up to August 35s or maybe even 40s with little penalty. But at the moment I have a free short down to 30 and a nice profit if the price stays above 30. I'm looking for a rational reason not to let these May 30s get called, but frankly, if they want to piss off their old customers this way, and they don't have the earnings to back it up (not to mention that old technology, Benny <ggg> -- JOKE, don't want to start a war), what's the rational reason behind all the optimism here? Can't see it, but I'm seriously asking for answers. I'm not just running off because I'm irritated. Bill presentation, I suppose, but shouldn't they see to fundamentals? This is not a new company. Shouldn't they make current customers in their core business a priority? This is not a Microsoft who can afford to be high-handed. Somehow, recently, when I've asked or answered questions here on SI indicating irritation as a customer, the responses have focused on that, assuming I'm so irrational or irritable that I can't see beyond it. If anybody feels like answering, I hope we can omit these kinds of responses. I'm not about to base investment decisions on personal irritation except to the extent I perceive it will affect the investment itself. And I perceive that if they pee off their old customers it will affect the investment, and if they can't make a profit it will affect the investment. I'd be very interested in anything that can speak to these concerns. Regards to all, Spots