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

To: ED PLOPA who wrote (1851)	3/21/1998 10:14:00 PM
From: Rich B.	Respond to of 7150

Ed, I almost sold the same call. I don't have data to back this up, but it would seem to me that next week we will see a fluctuation in the stock price. Now that options are expired the stock can travel. Hopefully up. If 90% of options expire worthless then we will get close to 50 by april expiration. April 50 open interest is 2413, 2 times as high as this month's march 45. Somehow we will get close, probobly under 50 though by april expiration. Does anyone know what the next resistance would be if we break through the 42 barrier next week? 46? Thanks, Rich