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


To: Don Dodge who wrote (11033)12/17/1997 3:20:00 PM
From: sepku  Read Replies (1) | Respond to of 77400
 
For the record, I took advantage of the GS upgrade (I believe they may be looking to inflate the price to reduce exposure) and took a partial short position in CSCO (1000 @ 56 1/8), and I just sold short 10 minutes ago an additional 1000 @ 55. Since this is post split, I'm planning to short an additional 1000 at a higher level if CSCO moves to 60 (my original plan was to short a maximum of 2000 shares in the 80s).

Total short position: 2000 @ 55 9/16.

I see I have lots of posts waiting for me...don't worry, I haven't forgotten you all! I must go out of town for a couple hours and will return this evening -- perhaps I should hire a secretary? ;o)

Style Pts.



To: Don Dodge who wrote (11033)12/17/1997 3:51:00 PM
From: JT  Read Replies (1) | Respond to of 77400
 
CYZAL is the 60 strike price.
All the leap will star with vyv.
Better sell some calls. Intc is bellow 70.