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


To: The Phoenix who wrote (39924)9/15/2000 4:06:15 PM
From: Eski  Read Replies (2) | Respond to of 77400
 
Re-Balance of S&P Gary, CSCO had to be brought per CNBC.
Nice late day move.



To: The Phoenix who wrote (39924)9/15/2000 4:06:35 PM
From: Jan Crawley  Respond to of 77400
 
That huge lot of Sept 60's puts are history now

Actually I think that it's due to the following:

CNBC reported earlier that "CSCO, LU, WFC will have the index adj. to the upside".
Orcl and a few others to the down-side.

Check the actions for the above during the last 5 mins of trading.



To: The Phoenix who wrote (39924)9/16/2000 2:19:17 PM
From: Sam Scrutchins  Read Replies (1) | Respond to of 77400
 
>>>> BTW:... told you to watch the close + $1.5. That huge lot of Sept 60's puts are history now and I believe that put pressure on ol CSCO. Hope you got out... NOT! HA... <<<<

FWIW, looked like a classic short squeeze to me. Big buying panic at the close.

Sam