Cisco Systems, Inc. (CSCO) Message Board

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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 78.40

+1.9%

3:59 PM EST

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To: Jerry Ginz who wrote (10051)	11/3/1997 10:37:00 PM
From: Jeff Olson	Read Replies (1) of 77400

Purchased CSCO Puts, Nov - 80, CYQWP today at 1 3/4. I'm betting that the slow down in the other companies making computer "things" (i.e. hard drives, chips, boxes, etc) will also effect CSCO. As these are naked puts, I plan to bail first thing tomorrow should CSCO earnings come in higher than .52/share. However, should they come in less than .50/share (and I think this more than possible), I'll hold for the ride down. Watch the magic tomorrow at: quote.com Last trade was 15000 share at 83 1/2 at 17:02:18.

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