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Technology Stocks : Check Point Software (CHKP)
CHKP 180.91+2.6%Feb 6 9:30 AM EST

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To: tcd who wrote (2694)5/28/1998 9:26:00 AM
From: Frank  Read Replies (2) of 7150
 
tcd,

Company has been under pressure, but the news is essentially nugatory. I remain sanguine even at these levels. Floodgate is a good tool and should supplement revenues going forward, problem is its not portable yet. My earnings estimate remains in line with concensus. Contacts with the company are buying at these levels.

I was off by a couple of weeks on the estimate for a correction, but que sera, sera.

One last comment, I've learned to ignore certain thread participants. These officious individuals are just so much noise.

Anyway, its helpful to remember that one should try to be patient, even when things look bleak. Remember, it could be worse, you could be the fool who bought the 5000 shares at $32 (although, if he's patient, he probably will end up looking like a genius).
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