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

To: Ibexx who wrote (20329)	1/5/1999 12:53:00 PM
From: Yan Li	Respond to of 77400

>I have ZYZAY, 2001 calls, strike 140. After the 3:2 split, I > maintained the same number of >contracts, but there were 150 shares to each contract. The premium >was adjusted in the > ratio of 3 to 2 accordingly. It all checked out. Do you mean when a transaction takes place, a contract sells for 150*price? Thanks, Yan

To: Ibexx who wrote (20329)	1/6/1999 2:05:00 AM
From: Ibexx	Respond to of 77400

Thread, The following is from Option Investor newsletter: "CSCO $96.94 +$1.63 (+$4.13) Nice move out of congestion of $94 range. By closing at a new all-time high, the stage is set to break resistance of $98, then over $100. Volume has been a bit light, but momentum technical chart turned positive yesterday. We look for the momentum to continue, as CSCO is a Morgan Stanley top 1999 pick, has a price target of $120 from DLJ and though a recent splitter, is in split range again probably 3:2 unless shareholders vote to increase the shares outstanding. Zack's expects earnings announcement 2-2-99; we expect the split announcement then too. From Reuters yesterday, "Prominent service providers in China already deploying Gigabit Switch Routers include China Telecom, Shanghai Online, Guangdong CATV and Dalian CATV who will be among the first in the world to be able to harness the power of optical internetworking." Of Course, CSCO provides the equipment. As always, confirm market direction before playing." Ibexx PS: Please read at your own risk.