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

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To: Erik T who wrote (5909)6/2/1999 2:18:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 20297
 
All I can say is I'm sure glad the train has decided not to take off without me. With the second dip to $40 and the spring back to $47 in practically one day, I was really feeling like I had squandered my last chance to get in at the $40-41 level.

The reason I've been waiting is I want to get some long range options, like preferably of the November variety, but the stock has been so volatile that they are pricey. Plus I want a nice low entry point of course. I've suspected that the ominous "rate hike fears" could provide some rough sailing, and that seems to be part of the selloff in technology. CKFR's secondary only helped make the stock downdraft more vehement than usual.

With a lot of banks bringing out online banking via the web by this fall, I think this stock CKFR is going to be humming a lot higher this fall, when I think the "buzz" really gets going. I'm not predicting any moonshot i.e. eBay or YHOO, but this online banking and bill paying via the web is really an app that *everyone* could really find useful.
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