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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.38

-0.5%

3:59 PM EST

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To: chic_hearne who wrote (44066)	12/4/2000 7:01:38 AM
From: Monty Lenard	Read Replies (1) of 77400

chic, looking at a weekly chart on INKT. 21 and change should be the magic number IMHO but your calls will be less than 9 if it goes there. Would sure be nice to pick it up at 21-22 and have it bounce and then sell the calls but I totally understand where you are headed. Need that downside protection. BTW, UNH and MRK and JNJ shorts have done pretty good and will look like the internet stocks if the market rallies. They are so overpriced it is a joke. Monty

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