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

To: Scott Williams98 who wrote (7308)6/28/1999 1:40:00 PM
From: Michael Ohlendorf  Respond to of 20297
 
Just sold all my CKFR I had bought in hope for a quick rebound after the unfounded competition fear sell off. However, stock kept dropping at a rapid pace. Looks like momentum is still down. Could even hit $ 20. Also all this rotation out of the I-nuts into stocks that have actual earnings helped to scare me out. Will be back in after the stock has turned and an uptrend is notable



To: Scott Williams98 who wrote (7308)6/28/1999 1:48:00 PM
From: Dako  Read Replies (1) | Respond to of 20297
 
I agree. Momentum is still to downside. But I take it that you're saying that on the off chance that it closes above 27 1/4 today, then you'd say we have turned? And if that doesn't happen, then you'd look for the first such day of a close above the open to call a turn?


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