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


To: LindyBill who wrote (21996)2/4/1999 4:46:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 77397
 
Not to worry LindyBill, You'll be fine... ;)

OG



To: LindyBill who wrote (21996)2/4/1999 5:16:00 PM
From: Murrey Walker  Read Replies (1) | Respond to of 77397
 
LindyBill...I sold on the day of earnings – had been in since early Nov. (nice run up) and bought back in yesterday. IMHO nothing can hold a juggernaut back for very long.

Hang in there!

p.s. every thread has its own little jach in the box. LOL



To: LindyBill who wrote (21996)2/4/1999 6:25:00 PM
From: Mike Gordon  Read Replies (2) | Respond to of 77397
 
LindyBill and Thread;

All is not lost. CSCO is a quality company blessed with a thriving future. However, it is now time for DAMAGE CONTROL. For those who feel CSCO will not recover in the next 3 weeks, they should do the following:

Conservative:.....Sell Feb 99 110 Covered calls @ 2 7/8 or better.
Concerned:........Sell Feb 99 105 Covered Calls @ 5 or better.
Panicked:.........Sell Feb 99 100 Covered Calls @ 7 7/8 or better.

However, if CSCO recovers prior to Feb 20 and exceeds the strike price, you will loose your position.

Disillusioned: Sell Feb 99 80 Covered Calls @25 3/8 or better.

For long term holders, buy more.

Mike Gordon