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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.11

+0.9%

Nov 21 9:30 AM EST

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To: Ms. X who wrote (12351)	2/8/1998 1:43:00 AM
From: Thomas Scharf	Read Replies (1) of 77400

>> you may get a retrace to 60 on some backfilling << Do you have any prediction as to when this will happen? Do you expect it before the expiration of Feb options? I bought some Feb 60 & 65 puts just before earnings came out as insurance against a bad report . Now I have to decide whether to sell right away or hold out in hopes of getting a better price some time in the next 2 weeks. I won't cry in my beer if they expire worthless, but it would be nice to make a little profit. Thomas

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