Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 180.92

+2.6%

3:59 PM EST

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To: Apache Indian who wrote (2246)	5/1/1998 1:24:00 PM
From: DRRISK	Read Replies (3) of 7150

When this company sold off in December it was on relatively low volume of approximately 8 million over 12 days with a final 95,000 shares on the turn. This selloff is on high volume of over 20,000,000 shares in 8 days. This is not a repeat of December. So do not be fooled by the pattern. There is something more fundamental involved and I for one do not think it is good. As to the silly statement that GSCO is not important I need not respond. I have made good money on CHKPF and wait for reentry but think something is lurking to account for this very large volume selloff. I would proffer, IMHO, that GSCO has liquidated their and their cleints positions and that they are now betting on ISSX. Just a guess but get out of their way if you care for your money. Do not listen to me listen to the tape. Good Luck DrRisk

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