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

To: Ibexx who wrote (17990)10/8/1998 1:43:00 PM
From: Eric  Read Replies (1) | Respond to of 77400
 
Ibexx

Just got off the phone with a good friend of mine who is a big broker with a major brokerage house.

He said that the Big Brokerage houses have been involved with some of the hedging and are getting hit hard here covering their positions.

It looks like most of the damage is over, but who knows for sure.

A lot of these hedge funds have pretty much unwound here only time will tell.

I'm still looking for a climax, not a whimper.

Eric


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