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Technology Stocks : Check Point Software (CHKP)
CHKP 187.01+1.7%Nov 21 3:59 PM EST
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To: dave katragadda who wrote (2025)4/22/1998 10:20:00 PM
From: P.M.Freedman  Read Replies (1) of 7150
 
Overall, the conference call was pretty impressive. They did feel quite confident about their leading position and did not worry about the potential competitions from CSCO and MSFT. They were trying to convince the Street that the acquisition was a good one (who knows, we'll see). It looks like VPN is a competitive area and CHKPF is currently focusing on. The main contribution of Q1 was from Japan market. They mentioned that more than 130 companies have teamed with CHKPF. Some of them are big telecoms. Q2 may be questioned on whether to beat Q1. Payrolls increased very fast (400 employees now). Sale channels are stable. New products pipeline are good but old products sales slow down. I believe tomorrow will be a good day for all of the shareholders.
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