CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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

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To: LTK007 who wrote (7333)	6/28/1999 8:02:00 PM
From: Dako	Read Replies (1) of 20297

Max: Can't blame you on your sell as this stock can't seem to come up for air. Believe you're right on the margin calls and also believe you can never overestimate the short-term affect of momentum in either direction. The momo guys have a hard time quitting once something has been set in motion and even those who have sold and/or covered shorts are not about to buy this until it's really turned. Despite an earlier comment I saw here, mutual and pension funds use trade not settlement date for portfolio holdings so the weakness could persist into Wednesday. As I've said before, the fact that Checkfree is likely to remain in the Russell 2000 after all (unless we get a big bounce by Wednesday's close) is now a plus. Given that TEX isn't the kind of short-term mind-numbing negative that tends to create an open sore, this should be a lot higher by the end of the week.

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