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Technology Stocks : CheckFree (CKFR)
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To: Paul Franceus who wrote (3149)4/2/1998 5:09:00 PM
From: Big Al  Read Replies (1) of 8545
 
Here is something interesting to consider. CF got trashed this time last year. For all the value investor's as well as many individual stock investors out there, once April drops off all those millions of 52 week
hi/lo charts and research data reports in the next days ahead, CF will be perceived to have more value.

Compare the current 52 week HI/LOat all the research services:

9.50 LO/31.44 HI

Now compare how this will lookon in 30 days to people just looking @ CF:

17.50 LO/31.44 HI

And the low keeps going up as we moved last year into June etc...
What I'm trying to convey is that this stock will start looking cheaper
to some people out there because of the psychological impact of the low narrowing with the high. In my opinion, we will in the near future
see a new LO trading range where 20 will become the new lo starting August(not WEST). So we will have a range of 20 LO/? HI.

My opinion is by August(not West) the HI/LO will look like this.

20 LO/ 40 HI !! Or HIGHER!!!

The only thing that scares me is we will be in the worst months of the year starting in June- October for stocks. Yet, CF will be so resilliant by then I hope it won't matter. Also, my birthday is in August (not West) and I expect to have just as good a birthday as Bob GIntel.

I invite all technical analysis guys to join us on this upward ascention
to historic levels (ie.Dell) whereby CKFR is the rocket ship.

Allen H.
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