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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.1%Nov 28 9:30 AM EST

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To: CharlieChina who wrote (12861)3/10/1998 12:27:00 PM
From: Greg Dawson  Read Replies (2) of 77400
 
Hey Nicholas:

Thanks for the post, I kinda agree. I bought 10 March 65 puts on
Feb. 25. th. Sold 5 of them on 3/5. Got all my $$$ back plus
$166 and now hold 5 "In the $$$" puts with a current price of 4 1/2.

My main point of concern is that there is support at 60 for CSCO. If
this is violated CSCO should find further support around the 55 area.
But your 60 puts "could"expire worthless.

GAD_in_AZ
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