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


To: blankmind who wrote (2437)5/9/1998 8:24:00 PM
From: P.M.Freedman  Read Replies (2) | Respond to of 7150
 
Next week will be a week that bears vigorously fight bulls in this stock. Bears will try to find any new evidences they could find to prove CHKPF is dying or at least having a bad earning in next quarter. All of the cards in the bears' hands will be put on the table so as to break the supporting line. So far the bears look good. They already dragged the stock down from last peak at $47 and got below $ 27 at last valley. It's more than $20 already. Buyers may stay at the side line to watch the cards playing. Only people with brave hearts, both bears and bulls, will join the game. It will be a good game to watch. The best way for the company is to keep their mouths shut. Say nothing if having nothing to say. I want to watch the game without any disturbance. Let's see who's the winner.