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: Craig Kaltner who wrote (2709)	5/28/1998 12:01:00 PM
From: Frank	Read Replies (1) \| Respond to of 7150

Craig, Rather than blathering idiot, I prefer my original, "Supremely stupid." I had completed my earnings projections, saw a shift in unit volumes, slower growth rates, lack of floodgate impact, and ignored these facts in favor of listening to someone with an alternate point of view of the future. I also confess to minimizing the impact of the Microsoft comments to the Isrealites. If I insulted you, I appologize, please read the complete post and understand, "You may look like a genious." Perhaps its a part of my personality to give a complement and insult at the same time. Again, I'm sorry if you took it as an insult. Finally, I'm still holding, not because of faith, but because I still feel this stock is undervalued. I've persued other more obvious plays, but am not giving up on CHKPF. Ben Graham suggested that an investor should easily be prepared to watch the value of his holding drop by as much as 30% before getting nervous. While CHKPF for my meager holding has dropped beyond 30%, I still feel comfortable (Long term), in waiting. Phil Fisher suggests a 3 year holding period. In this industry this is perhaps too long, but, the more I study this, the more I find its not changing as quickly as some would lend us to believe. Good luck.