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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Charlie Smith who wrote (2076)2/27/1998 9:06:00 AM
From: Rob C.  Respond to of 8545
 
Anyone wanna bet CKFR closes above 23 today?

This is a major technical crossroad and if we have a rally from here, it will scare the shorts to start covering. I am starting to see that before CKFR gets real legs, the company will have to become profitable. Until then it will be stuck in a trading range between 21ish and 28ish. Not bad ishes if you happen to be on the right side of them as the stock is moving.

IMO the longs will be the happiest, since the Checkfree is properly positioned to take advantage of e-commerce growth, which has been growing exponentially.

Regards,

Rob