Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Greg McDaniel who wrote (2427)	3/17/1998 10:46:00 PM
From: Greg McDaniel	Respond to of 27311

My previous post assumed incorrectly that Lev would be taxed on this transaction. I got my exercise today of jumping to conclusions as one poster here said. Here is another spin and I have not seen anyone pick up on this. I read the 13D after my post. I understand Lev had until 3/31/98 in which to exercise this option. If he believed the stock was going to tank I do not think he would have exercised the option. He has pledged a note plus some of his other shares. So isn't the risk more with pledging the shares of stock that he already owns.