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


To: AugustWest who wrote (6987)6/24/1999 1:03:00 PM
From: rumble_maker  Read Replies (3) | Respond to of 20297
 
Other reiterations this am....

Deutsche Banc Alex Brown upgraded to strong buy calling the Chase, 1st union, Wells Fargo deal, "Vaporware."

US Bancorp Piper Jaffray reiterated strong buy

ABN Amro reiterated buy with $50 target

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The stock is being held down so major players who sold their shares of the secondary can cover. This stock is so thinly traded from day to day that if they don't cover quick, they are going to suffer more pain real fast.

I think that the insiders still want to sell some shares, so look for the company to have positive releases to get the stock up, not to mention the other upgrades to follow the short covering.



To: AugustWest who wrote (6987)6/24/1999 2:08:00 PM
From: Jorj X Mckie  Read Replies (3) | Respond to of 20297
 
P&F charts don't look great for CKFR, but it looks like it may have hit its bottom at $28ish. Anything in the pipeline to be bullish about?

Resistance at $40 BTW.