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Check Point Software Technologies Ltd. Message Board

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  • shantilouise shantilouise Sep 5, 2001 11:22 AM Flag

    Accumulate CHKP

    Saraleah 2 on August 30th you told us about a rumor that within the next three weeks there would be good news ( post 72480). Since then the stock has dropped but three weeks is not over until Sept. 15. Do you still believe the rumor or has another one replaced that? I think this is a great company but all the red makes me nervous. Thanks for any updates.

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    • Shantilouise, to date that is all I have heard but I have been pestering my nlaws for more info. nothing to date. I am suspecting that the HWP/Compac merger may be part of the news but am unsure at this time. I do know however that the entire industry (Security) has been taking a beating over the past 2 - 3 weeks. One in particular is VRSN. EGAD, what a drop and look at today. It makes you nervous, welcome to the club - I have purchased Call options (Jan) however every little slide does not give me a warm fuzzy feeling. I would suspect that most of the market sentiment now is directed at the TRADITIONAL SEPTEMBER - which as all of know is absolutely aweful. I do believe though that numbers coming in (Pre-announcements) will not have the same effect as they did before. I believe that people are just fed up with the FED/Anaylists as the like and will start accumulating very soon....especially if some of the big boys stop Pre-Announcing. When I hear more, I will post it as GOOD NEWS RUMOUR. I know this doesn't provide any concrete fact but that is all I have.

86.42+0.56(+0.65%)Nov 27 1:00 PMEST