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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: I. N. Vester who wrote (9460)3/17/1999 11:38:00 AM
From: Zeev Hed  Read Replies (2) of 27311
 
Vester, I do not want to jinx anyone, but you should note that the support we had at 6.875 has eroded possibly opening the door to the max pain specialists, because the March 5 calls have dropped under the puts, the max pain should be somewhere around $6.25 or so and no longer the $5 that was called for when we had twice or more as many calls as puts.

Zeev
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