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Technology Stocks : Check Point Software (CHKP)
CHKP 185.88+1.2%3:59 PM EST
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To: roger who wrote (1972)4/10/1998 1:15:00 PM
From: Danny Chan  Read Replies (1) of 7150
 
Roger. Thursday's buying was very weak. The interesting side that I see is that the short selling wave stopped by mid-morning. CHKPF, like many others, is easy to manipulate. The MMs can short a few 10k shares on a quite day to move down the price significantly and buy them back later through weak-hands selling. I still think we'll have a chance to be under 40 as the market may pull back next week. Danny
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