power steering leak

My 79 seems to have developed a moderate to somewhat severe power steering fluid leak. In fact, the drip pan underneath the car is starting to look like Lake Erie.
A friend suggested it might be a slave valve? Any ideas or suggestions would be appreciated. I haven't tried to find the source of the leak yet. I thought their might be a common problem that would save me some aggravation. Thanks in advance.
Mark O

Hey I just changed some stuff on mine. Had a leak as well. First I swapped out hoses, thought thats what is was after cleaning the area up. Anywho turned out to be the controle valve. I tell ya what if its your valve make sure you have a free day its a bitch. Also dont forget to bleed the system (like me) or youll have a really "enteresting" feel in your steering
Glenn

yeah another thing to check... check your hose fittings on control valve for leaks..

mine were leaking and I wrapped them with pipe tape and the problem is solved.. (just fixed this last night as a matter of fact)

most mechanics wont use good old fashioned pipe tape on them... they "should" seal without it.. but after the threads in the control valve get a little worn out...

pipe tape works wonders..

Fix it yourself. Easy fix. Just borrow a pickle fork or buy one for a few bucks. Send it off to one of the Corvette houses, or locally if you can find one.
They can fix yours, or do a core exchange. You should look at the cylinder while you are under there.
Some of the house's will only do the GM valve.
Both with exchange should cost you around $200.00+ with postage. Replace the power steering hoses, that will be around $35-$40.
So for $250.00, you are clean. Be careful on the valve. You can get a re-built valve back, and it could be a leaker too. Happens sometime, but not too often.
Buy a Haynes Manual for your car, if you do not have one.
Boatman

I got my valve for $119 from autozone, with a $65 core. Its rebuilt but works fine
Glenn