I actually do know how to extract values to points. What I am after is the corresponding image x/y coordinates (pixel xy in the image, not geographic xy), that go with the lat/long points. The student I'm working with needs the image xy to use in a separate script he's written that analyzes the pixel values for cloud cover and radiance at specified locations. It's not a GIS script so it just needs image coordinates for the pixels.
I think I have a workaround but would still like to know if Arc can determine the image coordinates of a point over the image.