Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: bambs who wrote (49133)	2/20/2001 1:10:34 PM
From: chic_hearne	Read Replies (1) \| Respond to of 77400

Hi Bambs, Once again, new low on the Crisco move. I'm sitting tight, probably not going to add anymore unless we get a real good bounce. I'm really overwieghted, much more than I would be in a rational market. I'm selling more calls on INKT today after my feb 15's expired. Got the cost basis below $10 now. I really believe if ya gotta go long, find a stock under $20 because it can only go to zero. Some may look better and be priced at $50-100, but that's a long way to zero and valuations aren't gonna make sense for a while. Better yet, find a $5-15 stock that isn't going out of business in a kinky-gogo sector and do buy-writes. Call premiums shock me. I mean hey, if someone wants to pay me $3 per share for the right to buy INKT at $15 the third week of April when it was only trading at $14 1/2 when the option was sold, I hope we both win. chic