great article from our friend Brendan at the DJ. A link to the article here
DJ OPTIONS REPORT: Cisco Sees Call To Action In Options Market
DJ OPTIONS REPORT: Cisco Sees Call To Action In Options Market
By Brendan Conway
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--The options market is ready for Cisco Systems Inc.
(CSCO) to take action.
Bullish calls to buy the technology company's stock were a hot item Wednesday,
thanks to Chief Executive John Chambers' vow for "surgical precision" to "fix"
the company's portfolio. Cost cuts and divestitures were the subject of trader
and analyst speculation as Cisco's stock led the Dow Jones Industrial Average
Wednesday, gaining 88 cents, or 5.1%, to $18.10.
read more after the jump
