Amex to Trade Options on Axcelis Technologies, Inc.
NEW YORK, July 19 /PRNewswire/ -- The American Stock Exchange will launch trading in options on the Nasdaq National Market-listed stock Axcelis Technologies, Inc. (Options Symbol: ULS / Stock Symbol: ACLS) Tuesday, July 25, 2000.
Axcelis Technologies, Inc. options will open with strike prices of 22 1/2 - 25 - 30 and position limits of 22,500 contracts. The options will trade on the January expiration cycle with initial expirations in August, September, October and January. The specialist will be Spear, Leeds & Kellogg.
Axcelis Technologies, headquartered in Beverly, Massachusetts, is a leading producer of ion implantation equipment used in the fabrication of semiconductors. Axcelis also produces dry strip, photo stabilization, and rapid thermal processing equipment used in semiconductor manufacturing, and provides extensive after-market service and support, including spare parts, equipment upgrades, maintenance services and customer training.
The American Stock Exchange(R), a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), is the only primary exchange that offers trading across a full range of equities, Index Shares(SM), including structured products, and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS(R), iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking Stock(SM), Select Sector SPDRs(R), and SPDRs(R)) and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit amex.com.
SOURCE American Stock Exchange
-0- 07/19/2000
/CONTACT: Laura J. Orgon of American Stock Exchange, 212-681-1700, ext. 200/
/Web site: amex.com
CO: American Stock Exchange; Axcelis Technologies, Inc. ST: New York IN: FIN CPR SU: |
