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

To: Jo_Bidou who wrote (10277)	11/5/1997 4:22:00 PM
From: Imran	Respond to of 77400

Considering how fast CSCO has run up from last week, you might make money on your puts. The question is whether or not CSCO will revisit the 70s. I think low 80s (80, 81) is definitely possible before weeks end, but I doubt you'll see the 70s, barring another meltdown.

To: Jo_Bidou who wrote (10277)	11/5/1997 4:23:00 PM
From: Rio Jangada	Read Replies (1) \| Respond to of 77400

CSCO puts. I too, the nov 85 at 2 5/16. The time value/premium always goes down considerably after earnings release. CSCO had a nice anticipatory run-up, but they are pushing new highs and their rate of growth is in DECLINE! However, the H & Q and R & S upgrades are of concern to me. Generally their opinions are highly regarded. I may get out tomorrow. What's your strategy? Good luck RJ