Check Point Software (CHKP) Message Board

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Technology Stocks : Check Point Software (CHKP)

CHKP 197.40

-0.7%

Nov 14 9:30 AM EST

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To: blankmind who wrote (2262)	5/1/1998 4:11:00 PM
From: Frank	Read Replies (3) of 7150

blankmind, One of the rules of investing is, "Never buy on a Friday." Today I broke this rule. There is no factual reason for stocks decline, so, my buy signal was when it was clear all emotion had been carried forward and out. Many people forget that fund managers are people too. People more often are ruled by their emotions. One man sells another questions his own wisdom and principles and says, "He must know something." The fact of the matter is, "He doesn't know anything." If you buy a company, get to know it like your buying the business, don't treat it like the fungible good it is. This stock is worth $50 and will see this number within the next 3 months, baring an impeachment. Secular growth in Rev's was an obvious point to anybody last qtr, rate of growth is historically weeker during qtr2. I'm still anticipating good numbers, so, time to buy. Good luck.

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