CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Sam Biller who wrote (2160)	1/31/1999 11:49:00 AM
From: g_m10	Read Replies (1) of 20297

If the internet bubble bursts, we may see this stock give back maybe 20% in a partial correlation. It is not only about Internet bubble. Market is up for correction. Dell's P/E was 101 on Friday. Looks insane. I'd expect some shake up between mid February and mid April. 20% correction for CF is very possible. The question is from what level. It can easily go 50% up before 20% down. Earnings were just released, so all negatives are already in the stock price. Internuts have lost a lot while we were going up.YHOO oscillating 450-250-360. AMZN has already lost 40%. So the bubble burst is not exactly a surprise. On the positive side, pro CF campaign looks very well orchestrated. Analysts differ in their buy rating, but all of them "discovered" that CF is years ahead of any competition. Pump'n'dump cycle is just at its beginning. Summing it all up, I'm not taking any shares out of the market even for a day. Hard to tell how high we can go before coming spring correction, how much that correction will take us down. Provided no major market "surprises" in the coming months, CF price may hit 100 by the mid of the summer.

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