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

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To: g_m10 who wrote (6360)6/15/1999 4:09:00 PM
From: Rob C.  Read Replies (1) of 20297
 
GM,

Seems like the mood is going to get alot uglier here in the next few weeks.

I agree with your post, I heard the same thing...

<<<No 40c losses were announced. My reading was that they can afford to spend up to 40c per share and still break even.>>>

Now it is just a question of bad timing on when I decided to really load up.

I was up a hell of alot of money and have given back $140,000 of it from when CKFR was at $47.00. I am very confident that we will have a rather rapid turnaround. I will not try to time the market and sell here to buy back lower. I will ride it out. Thank God I am not margined. My close friend told me to sell at 35 and buy it back under 30. History shows me by my own experience that if I sell here, this will be the bottom and I will wind up paying 40 plus.

Sorry to ramble, just need to get this stuff off my chest.

Regards,

Rob
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