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

To: hcirteg who wrote (6053)	12/16/1998 2:47:00 PM
From: jim oakden	Read Replies (1) \| Respond to of 27311

Options Expire Fri... I've been in VLNC for a long time now. I expect that this week we'll see its normal 3rd Friday pattern. It always moves DOWN to the next lowest strike price (in this case 7.5) so the options expire worthless. Then it will resume its overall movement trend (in this case up). I've sold about half my position, and will buy back in at the low on Friday. Aren't MMs fun? oak