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

To: Robert Cohen who wrote (18397)	2/20/2000 4:11:00 PM
From: mooter775	Read Replies (2) \| Respond to of 27311

FWIW,Robert, I think the volatility of the stock has placed rather high premiums on the options. So I would prefer either to sell options or to short against the box rather than buy options. I mentioned in an earlier post that I had sold 2/30 puts which expired worthless. I have outstanding some 3/30 puts, some 6/35 puts and some 9/40 puts - guess it means that I believe the stock will be at least $ 30, $ 35 and $ 40 in the March, June and September periods. My actual targets are significantly higher, however. But please consider shorting against the box rather than buying high premium puts if that is your inclination....

To: Robert Cohen who wrote (18397)	2/22/2000 1:39:00 AM
From: Robert Cohen	Respond to of 27311

I received the following email from a friend and fellow investor. Perhaps the members of the thread would be willing to address his questions. Hi Robert, and best to you and your friends on the SI thread. Wondered if you would post for me two questions that came up after your report regards the stock holders meeting. First thought: with regard to Qualcoms reluctance to acknowledge Valence as their source for battery power and to allow branding of the Valence battery. Why has Valence not offered to replace the current T&B batteries with their own either at cost or free of cost, thereby creating a homogenous power source for all handsets and clearing the way for Qualcom to recognize Valence as their vendor? Second thought: If Valence truly wants to get into the large battery market, why are they not pursuing a program of providing their battery for existing laptop battery bays? We have all seen demonstrations of this at the annual meetings. What is the difficulty of marketing this as a "first step" into the large battery market? Having been long on Valence has been a trying and rewarding experience. I seek only to understand better our chances of continued success. Perhaps your friends on the thread can help me with these questions. Thanks Robert Pointer