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CHKP Report



Again, with quarterly numbers announced tomorrow, I'll hold off on the AES
report for a day. Lets buy some bargains this Sunday. See you at Kathe's. 
-G
==========================================================================
CHKP report:
Shares Held: 34 
Date Purchased: 25-Apr-00 
HPD paid: $99.06 (average)
Currently Trading: $ 168.25 @ 1:56pm est, 25-Sept-00 
Percentage Gain: 69.85%
Annualized Return: 387.85% -not so relevant because of the short time held.

Broker Recommendations:
   Strong Buy    13
   Buy            6
   Hold           0
   (Others)       0


In the news: 

Quarterly figures released: 
(18-Oct) Revenues were $116.0 million, compared with $57.8 million for the
same period in 1999, an increase of 101%. Net income for the quarter was
$61.6 million, or $0.35 per share (diluted), compared with net income of
$24.7 million, or $0.15 per share (diluted) for the same period last year.
This represents an increase of 149% in net income and 133% in earnings per
share (diluted) over the same period a year ago. Revenues for the first nine
months of 2000 increased of 88% over the prior year's period. Cash, cash
equivalents and other interest bearing investments increased by $78.3
million, totaling $542.6 million.

Network Computing Magazine calls FireWall-1Ženterprise security one of the
(ten) ``Most Important Products of the Decade.'' 

New Partners and Licensees:
- Ramp Networks, Inc., Intrusion.com, Inc., Activis, Hitachi Information
Network (HINET), and Rainfinity, released new products or services utilizing
VPN-1/FireWall-1; Check Point's Provider-1(TM); or built on OPSEC (Open
Platform for Security) Certification 

- Check Point, and Broadcom Corp. announced a strategic partnership: Check
Point's Secure Virtual Network (SVN) architecture for Internet security and
Broadcom's CryptoNET(TM) family of high-performance security processors will
merge for real-time secure eBusiness at rates ranging from T3 (45 Megabits
per second to multi-Gigabits per second.

For the third consecutive year, Check Point will co-sponsor network security
for InteropNet Event Network (eNet) at NetWorld+Interop. 

Nice Motley Fool write up on Inet Security Companies: They say Check Point
"appears to be a strong, emerging Rule Maker" see more at:
http://www.fool.com/research/2000/foolsden001003.htm?ref=yhoolnk 

First Union Securities initiated coverage of CHKP with a "Buy" Also, It
appeared that Sands Brothers downgraded CHKP based on earnings numbers, but
forgot to account for the 2:1split earlier this year. They quietly withdrew
their downgrade announcement a day later. Idiots.


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