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


To: DRRISK who wrote (2248)5/1/1998 2:04:00 PM
From: tcd  Read Replies (1) | Respond to of 7150
 
On the Yahoo Cisco Board, this poster came up with prophetic results on April 8 that is happening now to CHKPF:

messages.yahoo.com@m2.yahoo.com



To: DRRISK who wrote (2248)5/1/1998 2:22:00 PM
From: George Sepetjian  Read Replies (3) | Respond to of 7150
 
Bulls-What Bulls?

I don't see no Chkpf bulls. Where did they all go? It's a $50 stock-they would constantly say. Where are they now.
You know a Chkpf bull is in trouble when the TV helicopters start flying overhead waiting for some irrational exuberance to occur.
Support you team Chkpf bulls & buy some more to show your loyalty. Come on-don't be shy.
Maybe they could get some contracts with submarine & scuba companies since they are familiar with Diving.
The 3 insider/founders that own over 50% of the shares probably bailed weeks ago.
Bulls-what bulls. We need bulls.



To: DRRISK who wrote (2248)5/1/1998 9:18:00 PM
From: jkb  Read Replies (4) | Respond to of 7150
 
There is something more fundamental involved and I for one do not think it is good.

DR - I think we have a pretty good picture of all the issues here on this thread. Yes - if there is something else we don't know - I doubt it - then this is warranted - but it's definitely my opinion that we have a good grip of all the fundamentals here on this thread.

-GSCO
-MSFT Threat
-Uncertainty of accountancy practices
-Flat sequential sales growth

The only thing that really concerns me is the flat sequential sales growth. Slowing of growth - however picky as analysts are - is not a good thing. And I know all the great numbers in earnings - doesn't matter unfortunately - revenue growth is unfortunately key as well. If revenues fly next quarter that will be great for the stock. I anticipate profits to decline as their is no way they can sustain the profitability rate that they currently have - they also are finally increasing their internal support staff - that will increase expenses - but I don't think that will be significant - revenues next quarter will be key.