Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 189.51

-0.7%

Dec 23 3:59 PM EST

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To: shane hartman who wrote (2145)	4/25/1998 4:27:00 PM
From: ED PLOPA	Read Replies (1) of 7150

IAC (if anyone cares) Bot back my Jul 50's on thurs and sold Jun 40 puts. If anyone thinks this stock's a $30 stock, they're a chump. Notwithstanding MSFT or CSCO. CHKPF is so ingrained in the security industry, they won't be easily dislodged. Checkout their gross profit margin. There's a lot of room to move to meet any competition. Also MSFT got everyone by the balls with their operating system. Why would any diligent IS manager want to get put the rest of their family jewels in the MSFT camp? The problem we got is that the float is still too small. In the 7 million shares that were traded on thurs how many times do you think that the same shares traded. Did you sell any of you shares? I didn't. Did insiders sell any? This stock has done this a number of times. If you've followed this stock for several years, like some of us on this thread, you've got to be a fool not to take advantage of this drop. Ed Plopa

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