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


To: Maverick who wrote (2223)5/1/1998 12:14:00 PM
From: David Rubin  Read Replies (2) | Respond to of 7150
 
CHKPF trend shows no signs of reversal. 29 3/4 is a seven month low. If this stock doesn't recover NOW the next stop could easily be 23 where a triple-bottom was formed last year.

The stock continues to become a better value but the selling doesn't stop. And if the market correction sets in who knows where it will go.

Check Point seems to be doing nothing. They could at least put out a standard press release saying "we know of no reason for the recent decline in our stock price." Instead they sit and watch their market value wither away. This is not a good sign.

I'm still long but my finger is on the sell button...