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Technology Stocks : Adaptec (ADPT)
ADPT 16.76-3.8%Dec 23 3:59 PM EST

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To: Starowl who wrote (1223)3/20/1998 5:44:00 PM
From: Starowl   of 5944
 
More on ADPT LEAPS. Found the AMEX link:

amex.com

"AMEX TO TRADE LEAPS ON ADAPTEC

NEW YORK, March 16, 1998 - The American Stock
Exchange today announced it will trade LEAPS (Long-term
Equity AnticiPation Securities) on the over-the-counter
stock of Adaptec, Inc. (stock/option symbol: ADPT/APQ)
beginning Wednesday, March 18.

Adaptec, Inc., based in Milpitas, California, provides
bandwidth management technologies to organizations
building the global information infrastructure. The Company's
products are incorporated into the systems and products of
computer and peripheral manufacturers.

LEAPS on Adaptec will open with strike prices of 20, 25 and
30. LEAPS trading under the ticker symbol VYA will expire in
January of 1999, while those trading under the ticker symbol
LYA will expire in January of 2000."

Starowl
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