not quite that simple, the best way i've found is to just open the bleeder and let the fluid flow through gravity powered, after it flows clear close the screw and push the rod into the slave cylinder slowly and let it come back out 4 or 5 times, then open the bleeder and see if any more air comes out with the fluid, when clear stroke the rod a few more times and install the slave into the tranny, you should have clutch with in a few pumps of the pedal, if you don't stroke the rod on the slave you may be there a very long time trying to pump up the clutch pedal
all america wants is cold beer warm cat and a place to take a poop with a door on it