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Technology Stocks : CheckFree (CKFR)

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To: Don S.Boller who wrote (1696)2/17/1998 4:05:00 PM
From: Marathon  Read Replies (1) of 8545
 
DSB, the chart fundamentals make me comfortable buying CKFR anywhere under 24.
See quicken.excite.com

There is some support at 23 and solid support at 20. I will take a "likely" downside risk of 10-15% when buying in at 23 1/2 to take advantage of the huge upside. Sure enough it is folly just to blithely jump into a stock when it drops because you can now get it cheaper than yesterday. However, when you have been following a stock as closely and for as long as I have followed CKFR you recognize the value of getting in at 23 1/2. In short the decision to get in at this price was made sometime ago.
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