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Technology Stocks : Check Point Software (CHKP)
CHKP 194.24+1.7%3:59 PM EST

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To: ED PLOPA who wrote (1858)3/23/1998 11:56:00 PM
From: George Sepetjian   of 7150
 
Thanks for the info.

You seem more well-versed on call writing than me. I may seek your advice as time expires.
I wrote them last year on the stock & they were called. Very lucky for me since the stock proceeded to tank from the high 40's to the low 30's. I'm hoping the stock parks itself at 39 7/8 at expiration. That would be the best of all worlds for me, but my cynical side says that the people who rig, I mean run this game will probably not let me have what I want.
I see one problem with CHKPF contracts-That is that I doubt they have any chance of selling their product to the Federal Govt. It's highly unlikely that they would award contracts to an Israeli company for such a sensitive area dealing with security matters.
Does anyone have any info to the contrary?
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