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


To: Yogizuna who wrote (39638)8/22/2000 4:02:02 PM
From: t2  Read Replies (2) | Respond to of 77400
 
Can anyone confirm whether this is the last day for employees to sell stock. Volume picked picked up in a big way in the last hour, relative to Intel and Microsoft. Could that mean that we are about to move up starting tomorrow---assuming employee window is closed today.



To: Yogizuna who wrote (39638)8/22/2000 4:06:39 PM
From: t2  Read Replies (3) | Respond to of 77400
 
Could this be the reason Cisco tanked a bit late in the late. I think is refering to the September 60 puts. I guess the seller decided not to exercise (or expected Cisco to go up) and keep the shares. Could be very bullish for Cisco stock tomorrow just like it was negative when he bought them. Could it be that we saw that extra volume in Cisco in the last hour for that reason? Seems bullish to me!

from realmoney.com (Tod Harrison's trading diary)

FYI: The Cisco (CSCO:Nasdaq) option player who loaded the boat with 50,000 puts a couple of weeks ago just punted them out around 3 p.m. Just a heads-up. We are playing this from the long side as we owe Maury some money and he's wiggin out on us.