Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 183.63

-1.8%

3:59 PM EST

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To: Frank who wrote (1993)	4/16/1998 3:29:00 PM
From: Oleg Sogolov	Read Replies (1) of 7150

I heard yesterday from someone who works for CheckPoint: Just before this quarter close time their salespeople were instructed to log new sales into the next quarter since they made all the numbers for this one. In terms of short-term pricing for this stock just look at this stock's past history. Couple of weeks before CHKPF announces its earnings, the stock price quitely drifts down to a commonly perceived low number, and then you see a group of people who preach doom and gloom on this company, later the company announces great results and the stock goes up 30-40%. IMO, if what I heard is true, then what stops CHKPF from achieving the rise of YHOO and alike in following weeks?

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