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

To: Gerald Walls who wrote (15874)	8/8/1998 10:53:00 AM
From: J. P.	Read Replies (3) \| Respond to of 77400

Gerald, Thanks for your response, RE: CSCO option splits. I went through this once before with Citrix, where I held the options throught a 3:2 split, and I miscalculated the post split price on the options. As I recall, in that case you multiplied the face value of the options by 1.5 to get the worth of the option. I'm hoping to be out of my CSCO options before the split date anyways, because on option split plays, with the exception of Microsoft, I've noticed the price tends to build before the split and fade temporarily post split. In Microsofts case it goes up before and after the split. (Keeping my fingers crossed on CSCO, didn't like Fridays 2.5 point drop on volume, my wildest dream is for CSCO to be at 115 by the split, think it's possible??)