Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 187.01

+1.7%

Nov 21 9:30 AM EST

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To: Danny Chan who wrote (1789)	3/14/1998 6:17:00 PM
From: ED PLOPA	Read Replies (5) of 7150

Danny, welcome to the thread. Your post was well thought out and informative. I've been in this stock for awhile, holding core and trading positions. Stock right now is trading well in the 35 to 42 range. Options carry good premiums which makes writing them very profitable. Main concerns of this thread are competition (CSCO and NETA) and tax rate going forward. I don't think anyone on this thread knows anything definitive on the tax rate. IMHO, I believe that the company is very secretive about it. It might be because they don't even know. Perhaps the Israeli government which is in effect subsidizing the high tech commercial offspring of their potent military complex plan on continuing to offer these subsidies when it is deemed to further their national goals. I'm not intending this as a political commentary. It's just a scenario as to why perhaps not much is known about this tax rate. Ed Plopa

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