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


To: The Phoenix who wrote (24371)4/13/1999 1:50:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 77397
 
I think there are an unusual number of call options in the money this month. Not just for CSCO but for the tech sector as a whole. Many shares are going to be turned over to new owners leaving some people short and others with cash to buy back in. I think that gives many analysts a reason to to spread just enough fear for the next couple of days to move as many issues as they can down another strike point.

TP (IMHO - the techs will stagnate then rise on Monday although much depends on whether Intel reports anything unexpected).