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Technology Stocks : Check Point Software (CHKP)
CHKP 190.65-0.7%3:59 PM EST

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To: Vanni Resta who wrote (1882)3/26/1998 9:32:00 PM
From: P.M.Freedman  Read Replies (2) of 7150
 
Actually, MSFT is a potential buyer of CheckPoint. Don't you think MSFT as acquirer make more senses than the IBM rumor? The street is waiting for only $0.32 for this quarter. Last quarter CHKPF got $0.37. If it were $0.32 in this quarter, it would be a 15% lower than last quarter. That will be the end of this stock. I don't think it gonna to happen. I am still bullish on this stock although it may drop a couple of dollars shortly. We may see the stock break the $50 resistance in the near future.
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