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

To: Pallisard who wrote (5705)	12/1/1998 6:11:00 PM
From: Robert Cohen	Read Replies (2) \| Respond to of 27311

I would like to propose a topic for discussion. How to manage a long position in VLNC. Perhaps someone could discuss the use of put options to hedge risk or the use of call options to maximize capital gains, or taking money off the table as the stock climbs etc. In addition does anyone know if call options can be purchased on margin? Which strike prices are most favorable? I hope that in the next few months this board will host a number of new millionaires. Robert