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Technology Stocks : Check Point Software (CHKP)
CHKP 192.12-3.2%Dec 12 9:30 AM EST

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To: roger who wrote (1691)2/19/1998 11:49:00 AM
From: ED PLOPA  Read Replies (2) of 7150
 
Roger:

Don't know. Maybe someone else can answer.

However, as we speak stock is touching 40. My hunch is that "market forces" will be at work that will make the 40's expiring tomorrow worthless. Whether right or wrong, I immediately sold Mar 45's when I read the news. I only got two points for them but I think they're money in the bank. Stock got to run to 47 before I've lost anything to top side. With latest news from CSCO and no earnings until April, I probably should have thought about the 40's. But, I really wasn't up for being to aggressive at that moment.

Ed Plopa
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