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Technology Stocks : Check Point Software (CHKP)
CHKP 180.06-1.7%3:59 PM EST

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To: P.M.Freedman who wrote (2534)5/12/1998 8:32:00 PM
From: Pirate  Read Replies (2) of 7150
 
Excuse me for jumping in, but I just ran across the msft news, and of course started checking out this stock. Seems to me that it is vastly undervalued compared to the other players (RAPT, CYBG, NETA). They are all trading at ridiculous multiples, and Checkpoint seems to be rated the top product by bunches of reviewers in the market.

Last year Citrix was hammered down by Microsoft announcing a competing product - down to $9 from $40+. It skyrocketed back to $60+ within a few weeks of the announcement that they will "play together again" like nice little software companies.

Given the earnings of this companies, the multiples of the players in the same market, and the previous price, what's to prevent this stock from doing the same? Have I missed something in the fundamentals?
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