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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Oblomov who wrote (185879)8/5/2002 6:05:39 PM
From: Win-Lose-Draw  Read Replies (1) of 436258
 
things are getting whacky out there...from RB...

By: dec19370 
05 Aug 2002, 05:15 PM EDT Msg. 86402 of 86406

FOR YOU NOVICES: Last time CSCO issued earnings the top
guys said CSCO would carry the mkt---IT did as it beat earnings.
This mkt is again looking for CSCO guidance. Instead of buying
CSCO stock Tuesday buy a ton of $12.50 or $15 Calls and sell a
ton of $20 PUTS.Its a win-win gamble.

CSCO has $21 Billion cash. All of it will be spent Tuesday.Look for CFO to sell $21 Billion in convertible $20 stock then use their cash to repurchase $11.35 stock.

I rode CSCO from $12.50 up to $20 before and sold out. Been there done that. You bears continue your game plan. Less than 24 hours to your doomsday hour.

DEC
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