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Technology Stocks : MessageMedia Inc. (MESG)
MESG 18.65-25.4%May 25 5:00 PM EST

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To: Gutterball who wrote (90)5/25/1999 10:12:00 AM
From: Gutterball  Read Replies (1) of 553
 
CHICAGO, May 20 (Reuters) - The Philadelphia Stock Exchange (PHLX) said it will begin trading put and call options on Leap Wireless International Inc. (Nasdaq:LWIN - news) and MessageMedia Inc. (Nasdaq:MESG - news) May 24.

The following lists the stocks, symbols, position limits, auto-x guarantee, and specialist unit for each new issue:

POSITION STOCK LIMITS AUTO-X SPECIALIST Leap Wireless Inter. Inc.

22,500 20-up TFM Inv. Grp. MessageMedia, Inc. 22,500 20-up Market St.Sec.

Options on Leap Wireless International and MessageMedia will trade on the January expiration cycle, with initial expiration months of June, July, October, and January.

Opening strike prices for Leap Wireless International will be 15, 17-1/2, and 20. Opening strike prices for MessageMedia will be 10, 12-1/2, and 15, the PHLX said.
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