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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Benny Baga who wrote (6178)	6/14/1999 1:40:00 AM
From: Dwight E. Karlsen	Respond to of 20297

CKFR chart indicates we're heading up (slow stochastic). Further, the Williams %R shows oversold status. Volume in the last few days has been on the bullish side also, IMO. After the exhaustion selloff which brought us down to ~$36, the next day volume increased on the 2 pt gain, then the next day volume dropped off significantly (when we gave back some). Now Friday CKFR incrementally gained in price, with an uptick in volume. I'm thinking of adding to my position on Monday AM. IMO as soon as the general market gets over its anxiety over the impending Fed rate hike, CKFR will be back up to $40-45 range. Even if it doesn't, we're comfortably above the 200sma, which bodes well. I still also don't anticipate a return to the old highs until late fall, but CKFR is well positioned here to have that happen within ~4-6 months.