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

To: Michael Brian who wrote (2847)	6/25/1998 5:52:00 AM
From: ram yariv	Read Replies (3) \| Respond to of 7150

few thoughts, 1. A little bit of short covering(nasdaq short ratio will be reported in the next few days). That always (imho) creates some covering. 2. Window dressing has begun last week, the big funds that own chkpf are adding to their position, and there are not too many intranet/internet related companies that actually make money. 3.Microsoft openes the new "movie 98",and that draws money back to other software stocks... 4.Goldman Sachs recomedation at the begining of the month of few Israeli software companies totaly forgotten, maybe they woke up.. 5. On the negative, there still remains a rumor that they are not going to make their numbers..but the stock is starting to act as if they are going to beat thier numbers...(keep your fingers crossed)