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

To: Rio Jangada who wrote (10283)11/5/1997 4:56:00 PM
From: James A. Shankland  Respond to of 77400
 
Only a $0.50 profit, that's just a 60% profit less comissions over a few days! (g)

Options are like that :-).

Of course, bet wrong, and you can also have an 80% loss in a few days.



To: Rio Jangada who wrote (10283)11/5/1997 6:45:00 PM
From: Jo_Bidou  Read Replies (1) | Respond to of 77400
 
With options, You lose or win a lot at almost every shot. The last time i bought CSCO puts was a few weeks earlier (100 @ 2.00 in midday), i sold them back the same day at 1,62$ on a rally at the end of the day (not really pleasant) just to see those puts going up to 5-6$ the week later. Tough job....

Claude


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