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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (5712)7/8/1998 5:50:00 PM
From: g_m10  Read Replies (1) of 8545
 
Very interesting, two buys in the last 2 days with increasing targets.
My guts feeling is that both upgrades were issued to sell the stock at good price. Market was holding the breath before Yahoo earnings today after the market close.
Yesterday's day chart was showing sell off. Large chunks were crossing the tape and the price was depressed. Volume was small, and the price didn't go too much down. Looks like most of the shares have already been washed out of weak hands. Today selling of big chunks continued , but was more than compensated by buyers, which I think new something in advance about Yahoo earnings.
Anyway, I stopped at Yahoo thread and they are very upbeat. I guess the results are very good.
I dare to predict a very good day tomorrow for CF. That sucker will learn tomorrow what he was selling yesterday.
Cheer up.
Just my $0.02
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