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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (5675)7/7/1998 12:19:00 PM
From: g_m10  Read Replies (2) of 8545
 
It explains why the stock price is sagging today. I thought that was because I got to computer at trading hours. <G>
No doubt, stock prices of Internet stocks are ridiculous, but it doesn't mean they can't get even more so. If/when Yahoo declares 4:1 split, the stock price will double+ in a week. Even if Yahoo's market cap exceeds that of GM, it will not stop tulip pickers.
Again,if/when Yahoo crashes, we'll sag as well, but I'm not sure if we'll see low 20's again before split. CF has a different story, and by this time many people are aware of it.
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