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Technology Stocks : Check Point Software (CHKP)
CHKP 189.25+1.4%10:22 AM EST

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To: Mark Oliver who wrote (4113)6/4/1999 8:49:00 AM
From: Logain Ablar  Read Replies (2) of 7150
 
Thread:

Beware of FUD. As of yesterdays close @ $44. CHKP's EMA's:
05 day - 44.2
50 day - 40.0
100 day - 38.6
200 day - 36.9

I believe $40 is the bullish support line.

The company fundamentals. Based upon the 1st quarter conference call and the announcements I'd expect CHKP to exceed the 50 cents estimate for 1st quarter (posted on bloomberg).

The company's share price is diverging from the internet sector but remember in the past when the internets went down so did CHKP and when the internets went up CHKP didn't participate. The tech and internet market risk is still a concern so be careful, especially if your on margin.

With all of that I am looking for a great JULY.

Tim
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