Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: go_bucks who wrote (2356)	5/4/1998 11:14:00 PM
From: ED PLOPA	Read Replies (1) \| Respond to of 7150

This thread has turned to crap. Thanks to Jay, Frank, Roger for keeping the sanity. I'm sorry I haven't provided anything useful, but work's been a bitch and investing is only a hobby. Thank the Lord for that, as times like we have had recently can only drive you insane, IF YOU LET IT. Stay the course guys. Maybe the short term traders and shorties and buttholes that have pervaded this thread lately will leave for more slimy pastures. Ed Plopa

To: go_bucks who wrote (2356)	5/4/1998 11:41:00 PM
From: P.M.Freedman	Read Replies (2) \| Respond to of 7150

Thanks Charlie, you are right, I missed a line. So, they think the price in May 1999 should be only around $45. When the company made $0.28/sh half a year ago, the stock priced around this price and went further over $50. Now the company has made $0.41/sh, almost 150% higher. Does anyone think that's a reasonable target? Based on the average estimates $1.78 for 1999, $45 will make the stock at a PE=25. Even with the lowest estimates $1.48, the PE will be only 30. The highest estimates were $2.15 (PE=20). In software sector, PE 25 for a fast growth company in a hot area should be a great great bargain! I would say the bottom line for this stock in 12 months is at least $45 :-) BTW, there are only three left on recommending a hold rating for CHKPF in total sixteen analysts who currently cover CHKPF (others are three strong buy rating and nine buy rating).