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

To: Javelyn Bjoli who wrote (1676)	12/11/1997 7:28:00 AM
From: Paul Dubsky	Read Replies (1) \| Respond to of 27311

Actually, according to Schwab, you can't buy it on margin if it's below $5. But, if you bought it on margin above $5, then it's marginable down to $3.50 as a holding. Below $3.50 as a holder on margin, all bets are off. Lord help us if it gets below $3.50. Paul (I'm comforted by some of the posts earlier, but am a little leary as I tried in vain to get through to both Cal and Dave yesterday and was told that they were out of the office. Dave was in CA, I guess exploring options of financing.)