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Technology Stocks : Cobalt Networks Inc-(COBT)

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To: dwayanu who wrote (123)5/15/2000 4:27:00 PM
From: Greg from Edmonton  Read Replies (1) of 133
 
Pacific Exchange to Trade Three New Options

biz.yahoo.com

SAN FRANCISCO, May 15 /PRNewswire/ -- The Pacific Exchange (PCX) has announced that, on Friday, May 19, 2000, it will begin trading options on Cobalt Networks, Inc. (Nasdaq: COBT; PCX: CNQ), eGain Communications Corporation (Nasdaq: EGAN; PCX: EQZ), and Wireless Facilities, Inc. (Nasdaq: WFII; PCX: QUU).

Cobalt Networks, Inc. options will trade on the March expiration cycle. It will open with strike prices of 25, 30, and 35, and will be available for the months of June, July, September, and December. Position and exercise limits have been set at 31,500 contracts. CNQ options have been allocated to lead market maker Ron Chin of Chin Options.

(COBT closing price $26-7/8)
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