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


To: Rob C. who wrote (12993)1/7/2000 8:09:00 AM
From: Big Al  Read Replies (2) | Respond to of 20297
 
Rob, I think your $60 will come before the 225, no question. This market sell off is ruthless. Tom will get his chance, this one always gives you one if you are patient. The question is how much do we gap down today at the open, the usual 5 points? At his rate, in 6 more trading days we will hit your 60 target.



To: Rob C. who wrote (12993)1/7/2000 8:35:00 AM
From: micny  Respond to of 20297
 
Rob,
>>>Checkfree will see 60 and 200.

Sounds likely...what the hell, why not a market cap range of $3.3-$12.4b? It makes absolutely no sense, but then again the price movement of stocks is clearly not rational! Prices just move in ways that enable money to be made and lost.

At the current rate (-$5/day) we'll have the low end of your expected range out of the way by next Wednesday. In that case the "market" will have determined that last weeks market cap of almost $6b was just a tad...44%....too high.

My question is, when it hits $60 can I then stop worrying, or will we be visiting that level more than just this once in '00?