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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: hcirteg who wrote (2390)3/10/1998 10:34:00 PM
From: I. N. Vester  Read Replies (2) of 27311
 
hc: DA told me they would put out a press
release before the end of the month. I
don't expect anything before my march
options expire worth .20 or less next
friday, but hopefully the slide down into
the nasty 4's will be held off.

I do wonder who is accumulating all the shares
at 5 plus pennies. I don't think the mm would
be holding up the price. unless there's a
position on the march 5 puts which he wants
render even more worthless than my calls.

I've given in and bought the shares. my plan
to make a killing on the calls was looking good
for just a few days there on or before feb 17,
but it was not to be, alas, and now i'm wailing
and gnashing my teeth, having already torn all
hair out. if the eagle soars, no problem buying
a fancy toupe.
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