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To: JRI who wrote (88729)	4/2/2001 2:47:54 PM
From: KeepItSimple	Respond to of 436258

>Can anyone explain to me the strength in CHKP today? Don't ask me. My honest to goodness view of the market is that NO COMPANY should sell for more than a PE of 2 or 3. Especially fucking technology stocks. A company like netscape is more likely to be destroyed by a paradigm shift overnight than a tire manufacturer. So who in their right mind would pay a premium for tech stock earnings, since they are the least predictable of them all and they never pay dividends? Do people really have any idea what PE means? Or is the average citizen truly represented by the sage statement "WE DONT CARE PE NO MORE!"