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Technology Stocks : Check Point Software (CHKP)
CHKP 176.50+1.4%3:59 PM EST

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To: jay v. harper who wrote (2618)5/21/1998 12:59:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 7150
 
Jay, the way I saw it today was that I couldn't find any news to support a 7% price drop, so I simply treated today as a sale day. I sold my Baanf calls at a hefty profit, and bought some more CHKPF calls.

Btw, I might just get lucky. Suharto resigned, and all the world's bourses are rallying. German DAX gapped up over 2%. Virtually every bourse in the world is up around 2%+. And there's hours and hours to go. :-). Some days are up, some are down. I'm not saying techs across the board will have a huge rally tomorrow, but for CHKPF we could easily snap back to $31. Maybe I'm a sucker. If it goes down to $26 I'll probably buy more. I don't see any red lights. This company is solid, with MSFT as an ally, and this puppy is cheap. Time to load the cart.
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