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Technology Stocks : Check Point Software (CHKP)
CHKP 188.07+0.5%3:59 PM EST

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To: Rich B. who wrote (4297)8/5/1999 11:46:00 AM
From: Logain Ablar  Read Replies (1) of 7150
 
RB

We'll I'd say 55, the old resistance b/4 earnings. Looks like more selling this am which I'm assuming is fund and margin related with the internet sector. 55 is less than 25X this yrs. earnings(my forecast is 2.25)

AT some point there will be a flight to quality but right now we are being brushed with the internets. No buyers early but looks like some are stepping up now.

Tim
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