Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TLindt who wrote (5989)	6/3/1999 3:11:00 PM
From: David H. Zimmer	Read Replies (2) \| Respond to of 20297

Reasons for the recent volatility in CKFR: (A) Market Maker Manipulation (B) Crafty Selling -- To Pay For His Viagra (C) Gintel Buying (D) All of the Above (E) None of the Above (F) Some of the Above All things considered, for those of you who are unfamiliar with how the lead and affiliated underwriters make money on this deal please be advised that REVENUES DO NOT SIMPLY COME FROM SELLING THE STOCK TO THEIR CLIENTS. Most of this stock is going to end up in strong hands followed by coverage from all involved, positive coverage. In the interim, it is in the best interests of all involved, to the exclusion of existing shareholders and CKFR, that the market for the stock obtain a level area of support prior to the actual secondary being priced and completed. That is what the underwriters have accoomplished. They bought it up last week in a thin market, sold into it last Friday, watched it drop down and now are supporting same. Not bad, add about $5 in trading profits to their scenario and you will figure out how these WHORES make their money.

To: TLindt who wrote (5989)	6/3/1999 4:03:00 PM
From: Rob C.	Respond to of 20297

TL, I saw a 34,500 share block go by at $41.00, then the stock closed at 40 1/16th. What happened? Who was on the bid?? Thanks, Rob