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Strategies & Market Trends : Tech Stock Options

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To: Alias Shrugged who wrote (32386)1/7/1998 12:16:00 PM
From: Kevin  Read Replies (2) of 58727
 
Hi Mike,

>>>What's your short-term view of CSCO. I bought a jan 60 call and shorted the stock at 58.5.<<<

IMO, CSCO will stay under 60 through expiration, and may even copme under pressure and sell off to the lower 50s.

>>>Oh, and I certainly don't believe your "I didn't party much over the holidays" line - give us a break (or maybe its your definition of "much" -gg) <<<

ROFL! I will say that I had one hell of a week between Dec 27 and Jan 3. The festivities were quite memorable to say the least :-)
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