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

To: Paul Dubsky who wrote (1755)12/15/1997 10:57:00 AM
From: Stefan Andreasen  Respond to of 27311
 
I took the consequence of the low price right now and sold all my VLNC
and bought VHQFA options instead. VHQFA is call options at 5 last friday of june next year. This way I 2.5 doubled my holdings, but of course its more risky. I would be surprised though if we dont see 7-8-9-10 range again within the next 1/2 year.
If we dont then tuff luck.

Stefan A


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