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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Eski who wrote (38374)7/17/2000 9:56:58 AM
From: The Phoenix  Read Replies (3) | Respond to of 77400
 
Once earnings are over we going nowhere but
down again IMO after this little earning run is over.

There is some merit, and basis in fact, for your assumption.

OG



To: Eski who wrote (38374)7/17/2000 9:33:05 PM
From: THE WATSONYOUTH  Respond to of 77400
 
Re: "Once earnings are over we going nowhere but down again IMO after this little earning run is over."

How high do you think Cisco goes into earnings? I am thinking of selling Aug 75 covered calls. I think we may
stall around 75 and then pull back to around 70 after earnings. If called away, it would still represent an approx. 35% gain for me in less than 3 months in an IRA. Any thoughts?

THE WATSONYOUTH


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