Sold half of my position when CHKP drop to 38
this morning !!!Not a very smart move---!!!!Will
definately go long on the other half. A lot of up side
potential from here .
Good luck to all CHKP and see
you at 50 !!!
Besides CSCO, I think Nortel is definitely a good
candidate. The chance on Nortel is higher than CSCO. Check
out their recent moves. They are focusing on network
software. It will be nice if they can acquire Check Point.
That move will make them more competitive to others.
It also will be a nice add-on to Bay Network that
they bought last year.
Any comments? I still
believe CHKP will be fine even without any buyout rumor.
I sell easy-to-use digitizing systems to
construction companies. My target market is non-computer type
estimators who need to speed up their blueprint takeoffs. It
is primarily a very fast and accurate measuring
device. System comes complete with a little
calculator-like single application computer that I developed over
the last year. Before that we used a discontinued
Tandy 102 (2.2mhz 32k) as the host device. The whole
system fits in a custom carrying case and sells for
$2390. It's a good business and I run it out of my home.
Companies (mostly ma & pa) send me a $500 deposit and then
they get 10 days to try it out and decide to buy or
not. 95% buy and wonder how they ever got by without
I love my job, especially since getting rid of my
slob ex-partner (of 11 years) some two years ago. Just
me, my wife, and a very talented
engineer/programmer/wiz. Most days I don't even wear shoes...
a good weekend.
If you folks are anxious about the current
volatility of CHKP, just sit on your equity position and
construct an option split position (buy equal puts and
calls at the closest strike price to the current stock
price) thus keeping your equity position for long term
gain, profiting on a short term downtrend or uptrend
(possibly even profiting on both if you can cut both legs
at appropriate price levels). This is a strategy to
use when you know something will happen but are not
sure what (upside or downside). I have used frequently
with CHKP to participate in short term price moves
without exposing my equity position. In re the takeover
prospects, I have been expecting a takeover for quite some
time- the other two takeover prospects I have been
tracking (Level One and Xylan) were both purchased
recently so if my luck holds this will be next- and for
management to approve a bid I would expect an offer around
$80 a share.
Beast- what kind of business do
you run? curious....
I found an excellent site. The people who
sign on for the FREE TRIAL NEWSLETTER are completely
satisfied. There have not been any cancellations or "hey
give me my money back!". A friend of mine, who has
more money to trade than I do, has seen a return so
big that I won't even post it because you would not
believe it. Check the site out, sign up for the free
trial, and then if you don't like it you can say that
I'm full of it, but until then you'll have no idea if
I'm right or not.
Just a little something
to back up my claim� In '98 his short term plays
gained an average of 25% in 10 trading days; long term
holds gained an average of over 65% for the year. Hell,
this guy suggested NSOL,CNET, and CMGI for 3/8/99
(+40), (+40), and (+47 1/2) respectively. Also EPAY on
Believe me it is worth the second
to sign up, besides it's FREE. Here is the link�
I have owned IIXC several times, primarily based
on its relative value, and I continue to get
punished. I suspect there is something wrong with the
company, if there is I don't see it. (maybe it is just
Hold CHKP as I understand that insiders are
buying in themselves and are looking to 65 shortly. I
have been long since 30.
If you are interested
in .com stocks take a look at BIGC. MM in new york
are buying out all the shares as evidenced by
significant increase in daily volume and the price of the
stock. They have realized that it is cheaper to buy out
a small companny than to go public. They will after
buying out the majority of the shares come out and state
that 2 internet companies will use bigc as their
trading symbol. Well good luck.
AES - cream of the IPP's (Independent Power
Producers. 40% of the world is without electricity. This
company builds the most efficient and incredibly less
polluting plants in the world.
I have owned for 15
years, will own for 15 more. Fantastic corporate
FDX - conservative internet stock. Someone has to
deliver all the crud people are ordering over the
internet and they are a great company. I use them for my
own business (after using UPS for ten
LUV - great company, always makes
PER - Perot is a street fighter who gets the job
TCA - has been a big
disappointment but is about to start cranking. Awesome
check out HLIT and compare with SDLI, UNPH, ETEK,
CIEN. It's trying to go to the moon. Now mid 50s- could
go to 80 easily, should pull back to high 40s
also IIXC, undervalued fiber play, compare valuations
with LVLT, QWST, GBLX. Released ugly earnings report
and is starting to go up in spite of it. Rumors say a
buyout over 70/share. Owns 20% of PSIX and a chunk of
ISSX- check out this last qtrs earnings, they
have turned the corner. Given the choice between CHKP
and ISSX, I'll take CHKP easy to say with this
incredible run chkp is on) but I don't need to make that
choice so I own both.
Also SONE does not belong
in that group, I was confused