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To: bonnuss_in_austin who wrote (27340)	8/1/2000 11:06:50 AM
From: Venkie	Read Replies (1) \| Respond to of 35685

These rallies are hv a hard time holding.I see yesterday as end of the month window dressing.I believe once a drop of bad news breaks...look out below Can you imagine if Csco had a drop of bad news....whooooo

To: bonnuss_in_austin who wrote (27340)	8/1/2000 11:53:17 AM
From: freeus	Read Replies (3) \| Respond to of 35685

Hi BIA: My csco cov calls are at 55 and my puts are at 60. Cov Calls for Aug, Puts for Sept and yes I do think CSCO will fall to below 55 in Aug. But we will see. I personally would not buy any calls or anything "bullish" right now: I do believe we will see better "buying opportunities" (translation= more pain unless you are all cash which I am not) in the next few weeks, maybe even the next couple of months. Good luck: I think we are going to need it. How I wish I'd gone cash in Jan Feb or Mar. If I ever get another chance to have big money remind me to cash out at least enough to have income for life. This is just plain stupid. Freeus