Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

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 73.69

+0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jacob Snyder who wrote (59357)	5/8/2002 1:24:35 PM
From: Jerome	Read Replies (1) of 77400

>>>The bottom is in.<<< I think not....there will have to be a rally that lasts more than one or two days. So far this year every rally was followed by pullback. In a few days we will know more. Buyers will have to return back in force for the bottom to be reversed. So here is how I played the matter. 1) Sold some CSCO at 15.68 today with the hope of buying the shares back under 15 2) Sold some June 15 calls for $1.50 3)Sold some June 17.50 calls for .50 4) If CSCO rises to 16.50 to 17.00 I will buy back in and cover immediately by writing the June 17.50 a second time. I have no idea how CSCO will play out over the next few weeks, but I have a plan I can live and sleep with. JMO...Jerome

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next