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Technology Stocks : Check Point Software (CHKP)
CHKP 183.81-1.0%3:59 PM EST

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To: JSwanson who wrote (6572)3/11/2002 9:23:06 PM
From: c. carlson  Read Replies (3) of 7150
 
Two things,

first, it looks like the markets are finished forming a bottom and are now on an upward path. For how long...who knows?

second, I would be surprised to see this stock back in the 20's ...just a gut feeling. It has done a head&shoulders bottom along with the NASDAQ.
CHKP stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

NASDAQ stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G

When the naz hits the 2000 -2020 area, CHKP could be at $42. From there, who knows?

I think SNWL is very interesting. They maintain that their 700 resellers in North America dominate the small-medium-user market. They have added sales force overseas. They are on quite a growth path.

Both stocks were at more favorable prices a couple of weeks ago, but the short squeeze is on. Now.

Never underestimate CHKP's ability to make large announcements. They are very good at timing their news releases.

I can't tell you if the prices are right. All I know is that the market bottom that took a year to form appears to be over.

<Above all IMHO>
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