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

To: Vanni Resta who wrote (2423)	5/8/1998 11:49:00 AM
From: tcd	Read Replies (2) \| Respond to of 7150

MSFT has a million battles right now. Scenarios abound how the software giant is going to drop to its knees. If MSFT intends to beat the crap out of CHKPF, it'll be a year from now, at the least. And then, all the while, the DOJ will be looking for any company who complains of anti-competitive practices. There is a Cisco and MSFT threat. So what? We lived with the Cold War for 30 years and at the end of it, no one sent any bombs. My point is that CHKPF is a great stock and it may take six months for the stock to recover. So what? If you don't need the money, quit reading this thread and all others. It will only drive you crazy. tcd - long on long - belovedly long

To: Vanni Resta who wrote (2423)	5/8/1998 12:54:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 7150

Well, I did a little research on this one. I like to check option prices to see if other people think the price is going up. The MAY 30 call was still over $1 and the JUN 30 call is about 2 3/4. To me, that is a pretty good price. I could buy at about 29 and sell JUN 30 calls.That would make my basis 26 1/4. If my shares get called away in June, I make about 14%. Not bad for a few weeks. Only problem is I won't have enough cash until a week from Monday ( after some of my other shares get called away from me ). I'll check back then.