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

To: Big Al who wrote (7305)	6/28/1999 1:07:00 PM
From: skinydipper	Read Replies (1) \| Respond to of 20297

I averaged down at 25_1/4 but holding some reserves in case you're right at 6. Tim

To: Big Al who wrote (7305)	6/28/1999 3:37:00 PM
From: Robert Scott	Respond to of 20297

If I had to guess, I'd say 20 would be the low. I don't think it will reach it but when I've seen selloffs like this before, it's not that unusual for the stock to trade down 30% from the close of the day of the big drop. However, this is the case when there really is bad news like missed earnings. Here, I'm not sure what the bad news is (other than the drop in the stock price). I thought CKFR did a very honorable thing by pulling the offering in light of what happened - for these reasons, I'm buying more.