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

To: Mo Chips who wrote (19730)12/10/1998 12:56:00 PM
From: Danny Boy  Read Replies (1) | Respond to of 77400
 
You've done well my friend. Now it's time for you to get serious and watch this thing so you don't lose and be forced out. I am not an options player. But can't you buy back your calls? Sounds stupid but if there is another way I would like to know for FYI.

DGB



To: Mo Chips who wrote (19730)12/10/1998 1:09:00 PM
From: Danny Boy  Respond to of 77400
 
Look at EMC. Maybe you can arbitrage this thing. EMC, DELL, and CSCO tend to trade in the same price range. EMC is closest (safest) now. EMC is currently trading below CSCO, but has a better valuation and a good chance of a split imminent. Maybe you own EMC. Can't you sacrifice your options play, maybe buy calls back, and buy EMC?

DGB


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