SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TLindt who wrote (12479)12/3/1999 5:54:00 AM
From: micny  Read Replies (2) of 20297
 
TL & All,

Yesterday I heard a guy on TV...can't recall who, saying that because the breadth of the market has been so bad all year many funds and institutional money managers (particularly "value" buyers who haven't been in high p/e stocks) have been performing rather poorly. Because they need to make themselves look better fast they have been piling into the better performing issues to beef up their performance prior to the year end. As a result price movements have been "supply/demand" based rather than having any relationship to valuations. He went on to say that "none of them have any interest in letting this rally end before year end, but watch out for it shortly thereafter."

As a chronic cynic, I find this explanation for what is happening in CKFR and many other stocks as plausible as any. It seems like an unusual opportunity, but one that should be taken advantage of in the short term, while planning to be virtually "out" by Christmas.

Comments??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News