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Strategies & Market Trends : Tech Stock Options
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To: j g cordes who wrote (5676)2/28/1997 12:31:00 PM
From: Tom Trader   of 58727
 
Good morning Jim,

I, too, am looking at CSCO---it is fairly near some decent support. It is also a function of how savagely the market corrects. I'd like to wait and look at it again early next week. Maybe the thing to do with a CSCO type stock is to take a partial position and then add to it down the line.

NAZ is showing signs of reversing to the upside right now--the question is whether it will be able to sustain it.

Hope the market is treating you kindly.
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