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Technology Stocks : Pinnacle Systems (PCLE)

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To: Edwin S. Fujinaka who wrote (19)4/29/1999 6:31:00 PM
From: Elroy   of 45
 
Pinnacle Systems, Inc. options will trade on the January expiration cycle. It will open on May 4 with strike prices of 50, 55
and 60 and will be available for the months of May, June, July and October. Position and exercise limits have been set at
13,500 contracts. PUC options have been allocated to lead market makers Michael Cooney, Jonathan Donahue, and Charles
Ziegler of Cooney, Donahue, Ziegler, who assure the disseminated market quote is firm for 20 contracts.

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