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To: Judy who wrote (9389)11/4/1997 2:54:00 AM
From: Patrick Slevin  Respond to of 17305
 
My remark was not concerned with the quality of the stock, just the quality of the environment.

The environ being this phase of the overall market.

Quite a few traders went bust doing that doing the last major decline.



To: Judy who wrote (9389)11/4/1997 12:45:00 PM
From: Jason W.  Read Replies (1) | Respond to of 17305
 
Judy:

I know you're a great believer in and long time holder of CSCO and I agree with you. But now that you've bought back your CSCO 80p, and in light of NN pre-warning, ASND's recent comments about pricing pressure, and the general downward bias of the market, what are your thoughts today? Sell calls? Straddle? Buy puts? After last report, CSCO ran up abit, then headed back down. What do you think?

Thanks for you insight.

JasonW


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