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

To: Ron S who wrote (7171)	6/25/1999 6:04:00 PM
From: Rob C.	Read Replies (1) \| Respond to of 20297

Ron, Last week I was under the impression that CKFR would be $50.00 today...not trading at $25.00....I lost my shirt on paper this week...I loaded the boat and my average price on my new shares is around $38.00...I thought I would be safe around the offering price. I have never been so wrong in my life. I am eating crow for last weeks post. But I am confident that CKFR will be back and sooner than later. As for the Yahoo news I have been hearing that July 1 should be the day. I have also heard some whispering about a buy-out. Things are going to get more interesting day in day out now. A consolation was that we held $25.00, I was going to sell if we closed below 25 today. Good luck, Rob

To: Ron S who wrote (7171)	6/25/1999 6:04:00 PM
From: Mama Bear	Respond to of 20297

Ron, the reverse of a short squeeze is a margin squeeze. Folks get jammed up buying long on margin and get forcibly liquidated as well. I am kicking myself for not shorting the open when it gapped up on the cancellation news. It really was a no brainer short. Barb