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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Robert Cohen who wrote (1813)12/24/1997 4:08:00 PM
From: I. N. Vester  Read Replies (1) of 27311
 
call option open interest:

the cboe screens are very confusing.
they show the same options multiple times.
for great options info check out:

2607.7.107.50

they only show the full screens when the
market is closed, unless you have an
account with them.

they indicates a total of about 5k contracts
i.e 1/2 million shares, and at these prices,
that's only about $250-300k

I myself have accumulated a bunch,
some at much higher prices, and added as much
as i could in the past few weeks. I only know
what is known on this board, and that leads me
to believe there are excellent chances of some
rather significant appreciation before end of
March or end of June.

4-5 other individuals such as myself could
account for the entire open interest, especially
given the low stock price and thus low
'market cap' of the open call interest.
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