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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: tktom who wrote (7484)6/30/1999 10:38:00 AM
From: David H. Zimmer   of 20297
 
I agree with the basis of "slow but sure" especially for a company that keeps itself in the background. What the prospectus reveals is the gameplam for the next two years. The model suggests Pete's strategy is the correct one and given the fact that he knows when the announcements will come, the best way to deal with short sellers is how they dealt with the longs, slow, tedious upside. As such, the shorts who have covered will reinitiate their shorts at higher levels which causes the additional necessity to cover at even higher levels if they are incorrect.

A short may be willing to risk 1/2 to 1 point to see if the $25 bottom will be seen again given the large amount of profit that was made during the last few weeks debacle. Very healthy trading today. should head higher.
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