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


To: Dwight E. Karlsen who wrote (2491)5/12/1998 8:17:00 AM
From: DRRISK  Read Replies (2) | Respond to of 7150
 
The deal with Microsoft for the first time worries me. They are not people who treat their partners well. They are notorious for their ruthless treatment and this pattern could be their agenda with CHKPF.
To me the behavior of Market makers GSCO and to a lesser degree DAIN is critical on this news. They have both been head faking their intentions for the last week or so. They step up to support the stock and make everyone think they are going to buy but then fade and start selling again.

At the close the both of them bought and we started to run but I do not trust that they are sincere and worry that they are not done selling and as Charger pointed out this news will be a great selling opportunity.

DrRisk good luck to all the wonderful people on this thread