In exclusive J/psi production by polarized photons incident on polariz
ed protons, a finite polarization asymmetry arises because of c (c) ov
er bar Fermi-motion and binding-energy effects. The asymmetry depends
on the polarized nonforward gluon distribution of the proton and thus
gives information on gluon polarization in the proton. The analyzing p
ower, however, is rather small. (C) 1998 Elsevier Science B.V. All rig
hts reserved.