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


To: Elroy who wrote (74199)8/30/2007 11:28:41 AM
From: JakeStraw  Read Replies (1) | Respond to of 77399
 
>>Or good news out of Dell tonight might push tech up tomorrow

Personally it would surprise me if the Dell has "good news"..



To: Elroy who wrote (74199)8/30/2007 11:29:38 AM
From: John Koligman  Respond to of 77399
 
Based on STX's pretty significant bump of financial expectations it looks like PC demand will continue ramping. Dell has been getting hammered by HPQ for some time now, but perhaps there is enough demand for all and they will report well...

Best regards,
John



To: Elroy who wrote (74199)8/30/2007 12:36:04 PM
From: down2mylastdollar  Read Replies (1) | Respond to of 77399
 
Elroy--

Selling the $32.50 calls right now would be penny wise and pound foolish in my opinion. The chart is clearly looking very bullish and the 52 week high is in danger of falling tomorrow or Monday. The highest bid/ask today has been $0.50 x $0.55 so what do you get for your trouble? The equivalent of $33. That will look unfulfilling when the stock is nearing $35 sometime in the next week or so.

"Of course that is just my opinion. I could be completely wrong."



To: Elroy who wrote (74199)8/30/2007 6:14:48 PM
From: RetiredNow  Read Replies (2) | Respond to of 77399
 
Yeah, I always knew Cisco's second day in the sun was coming. Too many new things pushing bandwidth consumption for Cisco not to have another runup. The runup from $17.25, when I bought 2.5 years ago, to where it's at today is just the beginning. I believe this stock will hit $50 by 2010. That's a damn good annual return from these levels.