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Technology Stocks : CheckFree (CKFR)
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To: Edward F. Horst Jr. who wrote (173)6/23/1997 7:04:00 PM
From: Brooks Jackson   of 8545
 
You wrote: <I feel that any market correction will take the air out of the sails>

But today the Dow was down nearly 200 points, while CKFR was UP on strong volume.

IMHO, that argues for the idea that there are more and more buyers who share Robert's view -- and mine -- that this company is really onto something, and destined to control the largest share of a growing, lucrative and potentially enormous market.

I bought a lot at 15. Then I watched it sink to 10, for no reason that I could see. So I swallowed hard and bought even more. I'm glad I did. I'd buy more if CKFR weren't already one-third of my holdings.

You seem to be of two minds, thinking the stock might sink while also fearing you might have "missed the boat" (in other words, that it will do nothing but rise from now on.) That being the case, you might do well listening to that advice to buy half a position now. Personally, I think 18 will look very cheap in a year or two.
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