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


To: David H. Zimmer who wrote (6607)6/22/1999 10:51:00 AM
From: Rob C.  Read Replies (1) | Respond to of 20297
 
Dave Z,

Back to 40....hehehe....

I guess we could officially call this the bottom...38 1/8, today's low will be the new support for CKFR. I would say that the stock should easily close at 41 today. As for the dynamics, I couldn't agree with you more. It seems to me that the selling was in very small blocks, which leads me to believe that John Q. Public sold off and now the stock is in much stronger hands. The last few week were a test to investors metal, but if you were able to hold strong, IMO you will be richly rewared.

Regards,

Rob



To: David H. Zimmer who wrote (6607)6/22/1999 11:09:00 PM
From: Dwight E. Karlsen  Respond to of 20297
 
Anyone: So is the secondary over with? All the shares gone out that were scheduled to be sold?

At first I was enraged with Merrill et al, it looked like they didn't do their job of placing the stock.

But on second look at how the other internuts and techs fared today, I now believe that it was simply a matter of unfortunate timing, to have the secondary go off on a day that the internuts sold off.

Now we better get some upgrades and "reiterate strong buys" from the whores.

Another thing I don't get: Why does the volume show so high today? I thought that the secondary was going to be placed with institutional clients, with restrictions on when they can sell.

Looks instead like nearly everyone dumped their allotment onto the market. Shame on Merrill et al, if that's what happened.

The whores should get to work and start earning that fat fee they collected.