SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (56025)10/22/2001 8:29:31 AM
From: GVTucker  Read Replies (1) of 77400
 
mindmeld, Cisco doesn't have anything at all to do with those STRIDES. It's nothing more than Merrill taking advantage of an opportunity in the market.

In this case, that opportunity is a pool of investors who want to own Cisco but are afraid to take the entire risk. Merrill can create these securities from scratch, hedge themselves completely, and still book a good profit from the fees. (Note that this is possible because the owners of the STRIDES cannot redeem them prior to maturity, but Merrill can call them after one year.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News