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

To: cyberman who wrote (7899)	10/7/1998 6:49:00 PM
From: TLindt	Read Replies (1) \| Respond to of 8545

>>>Cash is king to maximize opportunity to buy cheap shares of plenty of companies... I'll agree, and then disagree...here's why and a real life example I've private posted some thread buds about. When CKFR took it's hit I bought all the way to the 8's..I completely replaced every share bought from 13 on up to 27. Then I sold all those...put what I could into personal Ira's and was left with less then 1/2 the CASH I started with on the higher priced shares. Shortly thereafter it became evident to me that...this was not going to be a CKFR unique pounding. Instead of staying Cash I took my proceeds and roughly exchanged 2 shares of CheckFree for 1 Share of Newmont Gold NEM. Since then Newmont is up $11 bucks and CheckFree is down $4. I can exchange back on a 5 CheckFree for 1 Newmont at will...Cash is not King...Gold is...JMHSMO.