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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: CAPT TONY who wrote (10026)9/13/1999 12:20:00 PM
From: David H. Zimmer  Read Replies (2) of 20297
 
Contact with two hedge traders today who have identified CKFR based on its recent piercing of the 50 DMA. Credit for this contact should be given to Scott -- you called it.

One looks for the stock to pierce and hold $41 where it will become an aggressive buyer. The other is in the market as we post.

That's all I have for now but have been watching the trading of Cantor Fitzgerald -- they have held a bit of a lid above $40 but I anticipate that will go away if volume comes in.
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