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To: tom pope who wrote (15323)7/16/1998 10:14:00 AM
From: Johnathan C. Doe  Respond to of 53068
 
I'll just buy more if it bottoms out in the 26's.



To: tom pope who wrote (15323)7/16/1998 10:18:00 AM
From: Johnathan C. Doe  Respond to of 53068
 
CHKPF has always been a super volatile stock. It often sells off hard on terrific earnings and then comes back strong over a few days. 24 - 26 range is the buy at the moment.

VRTL is certainly having a nice day.



To: tom pope who wrote (15323)7/16/1998 10:27:00 AM
From: Johnathan C. Doe  Read Replies (1) | Respond to of 53068
 
Check Point in particular blew analysts' forecasts out
of the water.

Check Point announced record financial results for the
second quarter ending June 30, 1998, with net revenues
of $34.3 million up 90 percent, compared to $18 million
for the same period in 1997. Net income for the quarter
was $19.2 million or 0.50 per share (diluted), an EPS
increase of 150 percent over the same quarter in 1997.
Obviously, there's no shortage in demand for Check
Point's network security products.

While earnings for Check Point included a capital gain of
$2.6 million from the company's investment in AbirNet
Ltd., net income of 0.44 per share (diluted) was still a full
8 cents above First Call estimates of 0.36 per share.