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


To: g_m10 who wrote (6360)6/15/1999 4:09:00 PM
From: Rob C.  Read Replies (1) | Respond to of 20297
 
GM,

Seems like the mood is going to get alot uglier here in the next few weeks.

I agree with your post, I heard the same thing...

<<<No 40c losses were announced. My reading was that they can afford to spend up to 40c per share and still break even.>>>

Now it is just a question of bad timing on when I decided to really load up.

I was up a hell of alot of money and have given back $140,000 of it from when CKFR was at $47.00. I am very confident that we will have a rather rapid turnaround. I will not try to time the market and sell here to buy back lower. I will ride it out. Thank God I am not margined. My close friend told me to sell at 35 and buy it back under 30. History shows me by my own experience that if I sell here, this will be the bottom and I will wind up paying 40 plus.

Sorry to ramble, just need to get this stuff off my chest.

Regards,

Rob



To: g_m10 who wrote (6360)6/15/1999 4:19:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 20297
 
gm10:

No 40c losses were announced. My reading was that they can afford to spend up to 40c per share and still break even.

Sinisgalli said that "if subscriber growth is as planned we would certainly have an earnings loss for fiscal 2000" and CKFR "could lose as much as 40 cents in EPS in FY2000 and still remain cash flow positive."

Charlie