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


To: Sam Biller who wrote (1993)1/27/1999 11:15:00 PM
From: Bruce Cullen  Respond to of 20297
 
CKFR to those like me that see it as a backbone to E-commerce will consider it a strong internet growth stock. As a portal play I feel it could be an interesting play, not sure a "Internet stock"... depends on how you look at it.

My one year target I would say is a safe bet at 38-48.

Five year target... I say if not bought out, (within 1 year) as I previously stated by 120 or so could be up at around 250-350.

I feel a 30% annual growth rate is very possible!
Teens and twenties intraday are quite possible when the overvalued net stocks take a breather.... take a position and accumulate if intraday prices are low. When your gut feels like it is going to fall out is usually a good time to buy intraday on these swings. (that is if your gut feels like it will fall out and you have a position in that company causing the gut reaction from the drop) then hold and go long.

I feel coverage by the big boys is not far off, I expect it to take place within the first 1/2 of this year or a bit later at the worst.

Good luck Sam! Sincerely!
Bruce C.
SCG
geocities.com