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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.48

+0.3%

9:45 AM EST

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To: scott who wrote (10348)	11/10/1997 9:24:00 PM
From: Martin A. Haas, Jr.	Read Replies (1) of 77400

Scott, I like your idea about CSCO leaps, and your're probably buying the leaps on dips. I need to consider this. I have had good luck since August on selling out of the money covered calls each month on some of my shares. I sold November 90's shortly after the earnings release and seeing that the good news was already reflected in the stock price. I don't think we're going to be seeing 90 in 12 days. As you know, CSCO's price also declined in August after earnings came out. Good luck, Marty

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