Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 188.54

-0.5%

3:59 PM EST

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To: Elmer Flugum who wrote (4237)	7/20/1999 2:06:00 PM
From: Logain Ablar	Read Replies (1) of 7150

len: Has CHKP ever disappointed? . Pull a chart for the past 3 years and look at the 30% sell off in the prior two years after earnings were released on July 30 and July 15. Both times CHKP had good earnings but gave conservative guidance due to 3rd quarter being a weaker quarter than the 2nd (and 4th is the strongest). So it hasn't disappointed in that it has always meet or exceeded revenue and earnings forecasts. The stock has disappointed on the sell off of conservative forward guidance. Just shows what a great year the company is having to be this confident going forward. Tim

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