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

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To: David H. Zimmer who wrote (11705)11/3/1999 4:54:00 PM
From: Big Al  Read Replies (2) of 20297
 
David, I agree with many of your comments. They are very valid one's and are typical points made prior to a sell off. One thing I do know. This is not your typical stock.
Pete and co. seem to have more lives than Clinton. I look back at the last two years and the ride was a roller coaster like none I have ever seen before. But for some reason this stock sems to defy all odds.

The positive of this situation is that many indicators say that CKFR is oversold. With respect to the head and shoulders bearish chart that is now under pinning this stock, that is why much of the selling is taking place IMO. It shows this by virtue of the constant let downs of management to achieve profitability and forgoing the short term for the long term. The long term keeps getting longer with this one and it SUCKS.

But somehow, just like Bill, mgt. keeps layng out the bait to tease you into staying in longer. Let's face it, this is a theme stock and because of that the market gives you more leeway when mistakes are made than say that of one in a established industry. So, in turn, some how CKFR let's down again but does not get the rath of the market like last August.

The change in this industry is Huge. Every day is a new day and one has to roll with punches. It seems that we are on the 7th of nine lives. How, looking over the past 9 months, I do not know. Hoefully this the last of a string of disappointments.

I give your downside scenario 50/50. I hope you are wrong to but if you are right, I would not be surprised for the reasons you state.

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