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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-1.3%Jan 2 9:30 AM EST

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To: Gottfried who wrote (54583)8/19/2001 10:33:17 PM
From: Jerome   of 77400
 
Gottfried....great job...I forgot about the Yahoo option link. For our purpose I would pay attention to the strikes the closed to the stock price...That would be the Sept. 15's, 17,1/2's and the 20's. I some one is going to try to make money from CSCO options they will be trying strategies close to the current price.

The strikes that are far from the current price, 5, 71/2, 10, 25, and 30.... Well best I can tell you these folks have got some strange plan that serious option players would ignore. Far out options cost either too little or too much.

My readings indicate that the put/call ration on any given stock is the best contrary indicator available.

Because so little is expected of CSCO or the Fed this week an upward bias is likely.

Regards, Jerome
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