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

To: MGV who wrote (6971)	6/24/1999 12:06:00 PM
From: Mike Milde	Read Replies (1) \| Respond to of 20297

Can someone speculate on this strange price movement today? All the news is out - Analysts have spent the last 24 hours explaining how this may not be all bad for Checkfree. We have upgrades. The secondary isnt going to happen. We traded as high as 38 around 9:15 this morning. Now it's fallen back to 29 with only a fractional gain over yesterday's close. I don't get it. Who was willing to pay any price to get in this stock before market open? Over 1 million shares were traded before 9:30. There is far less uncertainty now than yesterday, yet the price is sitting under 30. Mike