CSCO - where's the bottom?!?!? Bear Thread Message Board

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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread

CSCO 73.11

+0.3%

Oct 31 9:30 AM EST

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To: Monty Lenard who wrote (247)	9/29/2001 9:04:35 AM
From: James F. Hopkins	Read Replies (1) of 253

Hi Monty; If they kick out the garbage to soon then the weight they have to give the others goes UP and the indexers have to buy them. The Big Brokers are aginst that because they are still net short. So they Spin the story they are doing it to help out the little guys which is pure BS. ------------ If people knew just how the major brokers like MER operate a "war" room and take positions aginst their own clients trades people would vacate them. Jim Did you see the Puts I found on United Air ? I've traded a few options in the past on most Air Lines & they never were popular or very liquid , and at no time did I ever see 2000 contrants of open interest in any of them LET alone 2000 trading in one day. UAL Corporation is a holding company whose principal subsidiary is United Air Lines, Inc. -------- For them who read this and don't know about options 2000 put contrats =2000 X 100 shares short cost was $180,000 (Min) - value now is $2,500,000 Jim

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