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To: ejsdad who wrote (2282)3/22/1999 9:28:00 PM
From: Bosco  Respond to of 14638
 
G'day ejsdad - yes, it was mentioned here regarding MR Cramer's PUT [which should be unwinded by now if he didn't roll it up,] but his reason to hedge against his CSCO long was new to me until you mentioned it [Thank you.]

I agree, this is a very strange hedge, although I can't think of a good hedge for CSCO. With thes internuts turning the market up side down and constant consolidations, the usual way of shorting the fluff or downtrodden may not work, so I guess shorting a great value stock may be a better choice [for him.]

best, Bosco