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: Big Al who wrote (6055)	6/6/1999 11:18:00 AM
From: g_m10	Read Replies (1) of 20297

You might like this site. stock100.com It too predict $36 and change for the next Friday. The authors apply NEURAL NETWORK to financial field. Don't ask me what the hell it means. Probably not to much as people that used site's prediction say that chances of being on the wrong side are pretty good. I wouldn't bother to mention the site if it didn't have one interesting feature - it calculates correlations between stocks, indexes, etc. Correlation is a thing of the past, so it can be calculated precisely. It gave me correlation between CKFR and NASDAQ 0.82 which is very strong statistically. For comparison, YHOO has it 0.43, AMZN - 0.65, EBAY - 0.65. Basicaly it means that CF is being treated by the market as a normal stock rather than as an Internut. All the Internuts trashing only slightly affected us. Correlation with SP500 is quite good too - 0.78. FWIW.

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