Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

0.0%

Nov 7 3:59 PM EST

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From: c130jdriver	11/8/2007 9:11:46 PM
	Read Replies (3) of 77397

I am new to this forum and have a question for you intelligent investors. I had some call 32.50 Nov options on Csco and now they are down to .08 from where I bought in at 1.70. My question is to you, being that there is only 9 days til expiration, do I middle it and buy more at .08 driving my cost basis down or do i take the horrible loss. I feel the stock is totally over sold and look for investors to get back in at this very attractive price. Right now at this price it is trading at a 25 PE,, 1.48 PEG with a forward PE of 15-17% based on Chambers own announcement. ----Does the stock drive higher in the next few days or do I take the LOSS!!!!!!!!!!----- Thanks!

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