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Strategies & Market Trends : Value Investing
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To: Jurgis Bekepuris who wrote (41396)2/11/2011 1:12:33 PM
From: Mr.Gogo   of 78740
 
This is why I sold the put and didn't buy the stock. This way if it gets to 15 I will get the stock if not will keep the premium. I think CISCO is undervalued at 14 PE. They are the leader in the high end equipment. The acquisitions they made and the investments in new fields will pay off very well. At least the probability is good IMO. I cannot see in the future too :)

Good Investing,

Georgi
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