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Technology Stocks : Check Point Software (CHKP)
CHKP 181.11-2.4%3:59 PM EST

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To: P.M.Freedman who wrote (4167)6/15/1999 4:36:00 PM
From: Logain Ablar  Read Replies (1) of 7150
 
Hi Peter:

Besides options, this week is triple witching so IMO we'll see more manupliation than normal, we're also experiencing the down draft in the internets.

On this front were holding up very well. Most of the big name nets have dropped past their 200 day ema while CHKP is still in good shape. Once we're by the GDP # tomorrow and we get by Friday I'd expect more accumulation. Just my opinion but many funds and portfolio managers may acquire prior to the Fed OM meeting for window dressing.

On normal manulipation the drop in the last two days is nothing for this stock <gg> .

Tim
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