Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 81.16

-2.4%

Feb 4 3:59 PM EST

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To: Ed Forrest who wrote (55415)	9/19/2001 8:36:54 AM
From: Jerome	Read Replies (1) of 77400

>>I like CSCO at 13.63<< Heck I liked it at 17 and at 13 and at 19 and at 15... This is one time that options expiration will not have any significant effect on the price of CSCO. We are way, way, overdue for a rally and no amount of short selling will stop the upward surge. Ed...If you bought it at 13.63 would you still be using the tight 3% stop loss? That would stop you out at 13.22. The only reasonable plan I can think of for CSCO is to buy some under 14 and write the 15's (Covered calls) for OCT. If October is indeed the cruelest month for stock traders then I will be getting out my dark glasses, baseball cap, and pencil selling equipment. Regards, Jerome

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