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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.93

+1.2%

Nov 28 12:59 PM EST

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To: Catcher who wrote (20146)	12/27/1998 11:31:00 AM
From: PMS Witch	Read Replies (1) of 77400

Nice strategy! Only one little problem: When a stock price reaches your stop price, your order becomes a market order. What if the stock opens quite a bit down the next day? Does your stop order get filled at a price MUCH lower than you expected? You could use the type of stop with a minimum price and ride it out, but you've joined the traders who become investors against their will. Suggestion: We've seen the price rise quite a bit in anticipation of great earnings. How about buying the shares a few weeks early and selling into the euphoria. You could use puts too. Happy holidays, PW.

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