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

To: Scott Sorochak who wrote (2607)	5/20/1998 3:42:00 PM
From: Bong Lewis	Respond to of 7150

news from techweb that Intel is investing in an ISRALE network security company. Also, people sell may be because of high PE. a high pe stock, ADI, just be purnished. they dont compare pe with growth rate. the different between chkpf and adi is chkpf has beaten estimate while adi missed 6cents. i bought tellab at 47 for the same reason as chkpf. fundamental and value will prove at the end. in a down market, any stock (dell) could go down.

To: Scott Sorochak who wrote (2607)	5/20/1998 5:23:00 PM
From: SpecialK	Read Replies (1) \| Respond to of 7150

I'm sorry to say that fingers crossed isn't going to help this stock, it need some time to heal the wounds. When you fall out of a window on the 10th floor, you can't get up and start running (unless you're Superman). I guess I was luck to sell out on Monday at 30 5/8. I was disappointed as I had opportunities to sell at 32 - 33 and waited. With the market and techs beginning to correct, expect to see this one at 25 in the next month, then load up, because buy alarms should be sounding off much louder at that time. Good luck, Ketan