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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Chisy who wrote (12257)	6/19/1999 7:04:00 PM
From: Pallisard	Respond to of 27311

Chisy, options expiration usually affects volume, the more option interest at the target price at expiration, the greater the potential to increase volume but not necessarily. For instance, a large number of calls expiring worthless won't add anything. How it affects the closing price is complicated; in low cap and low price issues I think MM's have enormous influence. Without any news or PR, I expect Monday to be relatively unchanged but perhaps with a slight upward bias. I'll go out on a limb and say 6 5/8 close.