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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 72.47

+1.0%

10:43 AM EST

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To: Monty Lenard who wrote (40784)	10/13/2000 6:09:42 PM
From: James F. Hopkins	Read Replies (2) of 77397

The only fly I see in the soup to this rally is MSFT..if that gets fixed we are off to the races, as long as the Vix don't drop too fast. Jim PS Any more I hate spending time trying to pick stocks..it takes my focus off what I found I do best at. However in the case of MSFT I'm sure tempted 1..she is and has been down long enough that tax loss selling now would be a joke. 2 The rally can't be real and her not soon go up. 3 Her option max pain is at about $65 --------------- Keep in mind Broker/Dealers sell puts then short the stock to let the puts close their short. If she starts up they cover and keep the put money. While they are short the borrowed stocks have the effect of increasing the "float"..if they get put to their shorts cover and the effective float drops, ( just as if she bought back stocks ) I would say she is the now key to any extended rally but I would give her time to show her colors until a few days after expiration, If by then she don't start up I want completely out of this market. As it is I'm smiling , my main holding ROGSX was up 11% today. Jim PS Update MSFT is creeping up in after hours

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