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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Herm who wrote (8346)8/27/1998 8:09:00 PM
From: Riskmgmt  Read Replies (1) of 14162
 
Herm, Re:CSCO

Starting to get pricey. Growth rate = 29.88 vs. 47.1 P/E leads me to
believe there is bigger possibility of pullback on profit taking
before anymore increase from current level.

Today it cracked down $4 1/2 to under $100. Good call I don't know if it will drift down to the lower BB of $94 over the next few weeks but in this market sure feels nice to have have ITM CC's.

Thanks,

Ray
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