SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Big Al who wrote (6055)6/5/1999 6:06:00 PM
From: Erik T  Read Replies (2) of 20297
 
Guess the close of CKFR for next Friday at the market close.

First a quick look at how other inets are doing,

Co.........Recent high........Close Fri...........% off high
NTBK.........83.................30................64
SEEK........100.................37................63
ATHM........198.................95................52
GNET........199................100................50
AMZN........221................109................50
DCLK........176.................93................47
EGRP.........72.................38 ..............47
CKFR.........69.................40................42
YHOO........244................148................39
CMGI........165................94.................39
AOL.........176................118................33
EBAY........234................169................28

Only SEEK and ATHM are below their 200 day EMA. (Poor ATHM, bad news on Friday!) Even though many inets gained on Friday, many traded 1/2 to 2/3 avg volume. I think more selling is to come. Considering CKFR spent only two days above 55 when that online banking frenzy was occurring, I don't think the stock has really fallen all that much (27% if you use 55 as a recent high). Unless the rest of the segment rallies, I think CKFR will break its support.

My guess: Close Fri at 38 1/4, up from low of 34 1/2.

Hoping CKFR holds support and moves higher,

Erik (IMHO)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext