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


To: David H. Zimmer who wrote (8108)7/16/1999 2:51:00 PM
From: Rob C.  Respond to of 20297
 
DZ,

I just read your post and was going to blast you, but then I read your latter post. I wish we had the benefit of 32 1/2's....looks like demand for CKFR will keep it above 32 for the close.

Regards and have a great weekend,

Rob



To: David H. Zimmer who wrote (8108)7/16/1999 3:58:00 PM
From: Benny Baga  Read Replies (1) | Respond to of 20297
 
>>> but when it comes to the market and the incidental trading patterns -- most do not have a clue.

I can't speak for anyone else, but I realize I have a lot to learn.

Benny



To: David H. Zimmer who wrote (8108)7/18/1999 1:39:00 PM
From: Scott Williams98  Respond to of 20297
 
Hi David,

<<I'm going to add a few more shares here as it appears the stock is about to break positively out of an ascending triangle. A volume spike on Monday is expected and near term $40 is the target -- could be almost instantaneous>>

CKFR definately in the triangle you mentioned. However, it is resting smack-dab on the LOWER trendline, and hasn't really tested the upper T/L of that range recently (I don't see it as "about to break positively out of an ascending triangle" just yet). I sold my short term traders last week that I bought @ $28.00. I think a portal announcement or some other type of good news can indeed break CKFR through this pattern, with a target of around $40.00.

Without that sort of event, I'm not so sure CKFR has the strength to breakout. I'll play the short term pessimist again, and say CKFR will fall below that lower T/L. If that happens, I'll be looking for a re-test of around $25.00. Selfishly, I'm hoping CKFR breaks down so I can re-load some traders. If not, we'll be riding CKFR to $40.00...JMO.

Best of luck SCOTT