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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.03

+0.8%

Nov 14 9:30 AM EST

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To: Monty Lenard who wrote (45135)	12/20/2000 1:08:30 PM
From: chic_hearne	Read Replies (1) of 77399

Monty, I never imagined my Softie trade working like this. If you remember from PM's, the lowest level we talked about was $54. I got rid of all the Decembers at the levels you gave me, held onto the Jan's. Well, I've still got 1/3 of the poots left. I've been crossing the trades in 1K lots at $49, $47, and $43 so far to delay taxes into next year. Softie is real sick. It's my only trade open for the last few weeks so I've been watching it closely. It just goes straight down and doesn't participate in any bounces. Any airpockets down at these levels? -ggg- So much for the Crisco bounce to $55 that would let me increase my short position. I guess I'll just sit back and wait for the first decent rally. chic

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