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

To: chic_hearne who wrote (44066)	12/4/2000 6:34:38 AM
From: Monty Lenard	Respond to of 77400

I was looking at INKT the other day. May be a play at 25. It could go to 18 3/4 but that is as low as it goes unless it goes to 0. :-) Overhead resistance is 31 1/4 ... fwiw Monty

To: chic_hearne who wrote (44066)	12/4/2000 7:01:38 AM
From: Monty Lenard	Read Replies (1) \| Respond to of 77400

chic, looking at a weekly chart on INKT. 21 and change should be the magic number IMHO but your calls will be less than 9 if it goes there. Would sure be nice to pick it up at 21-22 and have it bounce and then sell the calls but I totally understand where you are headed. Need that downside protection. BTW, UNH and MRK and JNJ shorts have done pretty good and will look like the internet stocks if the market rallies. They are so overpriced it is a joke. Monty