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Technology Stocks : Check Point Software (CHKP) -- Ignore unavailable to you. Want to Upgrade?

To: Conan who wrote (5285)	10/16/2000 10:27:41 PM
From: P.M.Freedman	Respond to of 7150

Conan--Nothing wrong on profit taking. Every stock has its own life, like human beings. Many stocks, such as MSFT, AOL, YHOO and DELL..., went up up up and splitted many many times and finally tired and have to take a rest. It like people to become old and unable to run very fast. CHKP is young! It is so healthy and can run crazy! The Internet world needs security just like your door needs a lock anyway. The security technology is far behind what the net wanted. Sold out a growing stock is very normal for every investor. I have not sold my CHKP shares because I have not find a better one to replace it. High volatility is the nature of this stock. Big up and big down! However up always beats down, at least so far so good. Whoever is able to keep eyes on screen may get rich on day trading this stock. I can't, because I am unable to stare at my screen for one stock. That makes no funs for life. Therefore, I decided to hold this stock until it goes fundamentally wrong. CHKP is a great stock. To me, it's still relatively cheap based on its high growth rate. Many stock with 100% growth are carrying a P/E over 1000. Many stocks grow fast but only have P without E. Many stocks look great now and good for day trading but questionable in next year ant not good for holding. CHKP is company with high steady growth rate and high margin. It's good for both trading and holding. There are few stocks on the Street like CHKP. Good luck