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


To: George Sepetjian who wrote (2272)5/1/1998 9:30:00 PM
From: jkb  Read Replies (2) | Respond to of 7150
 
Trade them only.

I agree - I'm also starting to believe that all technology small and mid caps are good for trading ONLY. The blue chippers are the buy and holds. Just my opinion.



To: George Sepetjian who wrote (2272)5/2/1998 7:19:00 AM
From: roger  Respond to of 7150
 
> Want to know what the lesson is?

> Never buy and hold a software stock-MSFT being the only exception.
> Take a look at the list of victims.
> Oracle,Informix,Applix,Citrix,Security Dynamics,Macromedia,Broderbund,
> etc. I'm sure I've missed plenty of others.
> Trade them only.
> Don't waste a lifetime waiting for a moment that will never come.

Actually. The perception is more important than reality sometime.
In this case, remember one thing. Steve Ballmer is the #2 in MSFT.
For him to say what he said and the way he said it is enough
to move people away and buyers from getting in. Whether he was
taken out of contact or not. If DePuy can take CHKPF down,
what kind of effect does Ballmer has on investors.