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

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To: AugustWest who wrote (5903)6/2/1999 7:33:00 AM
From: Sam Biller  Read Replies (1) of 20297
 
>>>They wouldn't slap a "hold" on us, would they?

I've heard from some "so called" wall street pros that its not uncommon for the market makers to short a stock prior to a secondary being offered to make the offering price more attractive. I wouldn't be surprised to see ML start coverage at a hold and update to a buy after the secondary is issued. The other possibility which I think may be more likely is that ML will delay coverage until after the secondary is released and then start coverage at a buy.

Sam (IMHO)
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