Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 188.80

+0.1%

1:40 PM EST

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To: Devil's Advocate who wrote (4243)	7/20/1999 2:03:00 PM
From: Jon Cave	Read Replies (1) of 7150

MSFT CC This quraters numbers were perfect. But company warns of slower growth ahead because of slowing PC sales and Y2K concerns. That made a pretty bold statement for the whole technology sector. I think that IBM also was very cautious about the next 2 quarters in their CC. These big cap stocks are so expensive that for them to continue up, everything has to be perfect. And warning of slower growth, no matter how much you made this quarter isn't going to cut it. Funny market. Less than a month ago we were worried about growing too fast and creating inflation. Now that it appears the economy is going to slow the market is selling off. Very hard to please this market. Somebody must have upgraded CHKP as we move above 59. Not sure why the upward price movement in the last 30 minutes.

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