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

To: Tom Klempay who wrote (13415)	1/28/2000 1:11:00 AM
From: axp	Read Replies (1) \| Respond to of 20297

% off # of Debacle #1 high days 6/30/1998 25.69 10/7/1998 6.00 -77% 99 I bought at 13,15,11,9,10,6. Still have the 10 and 6 Debacle #2 4/13/1999 60.75 6/28/1999 25.50 -58% 76 I bought at 41,41,36,31,26. Sold all from 41-105 Debacle #3 12/30/1999 104.69 1/26/2000 60.64 -42% 27 (so far) I bought at 98,93,89,85,80,67,67,62. Holding them all. (prices rounded to keep it simple) I've figured out that the only way to live with CheckFree as a stock is to hold my core (the 10's and 6's) and take advantage of the volatility along the way. I start out buying small and take bigger bites as it goes down. I don't try to find the top - I just sell some when I've made a decent profit. This only works for me because I'm sure that this stock is on a long term uptrend and I'm keeping a big cash war chest to buy down to 6 again!. I have the patience to wait years for one of these big dips to turn around if I have to, but it's only taken 2-3 months the last two times. Also it's all in my IRA so I don't need to sweat about axes. I have the classic investor weakness of not being able to let my winners run. I usually let my wife talk me out of selling, but the trading thing helps me leave them in play also. Had I kept my investment in MSFT, INTU or ORCL years ago I would be in Hawaii right now.

To: Tom Klempay who wrote (13415)	1/28/2000 10:45:00 AM
From: Jody Ritchie	Read Replies (1) \| Respond to of 20297

QCOMs rise wasn't overnight, but the last few months have been VERY kind to the QCOM longs. A coworker of mine bought at about 20 (split adjusted) last year and sold at about 35...happy with his gain. Every day since I've heard about how much $$ he lost by being short sighted and waiting for the pull back (that's only now happening) to buy in. It's exactly that scenario that scares me from selling CKFR and it's exactly this scenario that makes me feel comfortable with my CKFR holdings, even with a 40% drop. In two years, I'm not going to be talking about how much $$ I lost by selling CKFR too soon. Once the subscriber rates and revenues starting going up, there will be no telling when the run will end. And I'm going to be there on the ride. My "long" CKFR shares are just that...long term. To me, that means 3-5 years at least. I bought my last long shares last summer (8/99??), so I have a while to wait. I have this board to thank for the philosophy of holding long shares while trading others. I had just never thought of doing that, so I was either in a stock or out of a stock. I've also never been in such a volatile stock for so long. I've made enough money trading this stock to cover the cost of my long shares. It's all profit for me and my average is 22 1/4. EBPP will be huge, it's just a matter of time... Jody