Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM -- Ignore unavailable to you. Want to Upgrade?

To: Shtirlitz who wrote (108)	6/16/1999 4:34:00 PM
From: Garry O'krafka	Respond to of 989

(Applies to: RIMM XQZ NPIX DIA) AMEX TO LIST OPTIONS ON RESEARCH IN MOTION LIMITED AND NETWORK PERIPHERALS NEW YORK, Jun 16, 1999 /PRNewswire via COMTEX/ -- The American Stock Exchange today announced it expects to trade options on the Nasdaq National Market stocks Research in Motion Limited (Nasdaq: RIMM) (Amex: RUL) beginning Tuesday, June 22 and Network Peripherals Inc. (Nasdaq: NPIX) (Amex: XQZ)beginning Wednesday, June 23. Research in Motion Limited, based in Waterloo, Canada, designs, manufactures, and markets wireless consumer and business-to-business electronic technology for the mobile personal communications market. RUL will open with initial strike prices of 15, 17-1/2 and 20, with position limits of 31,500 contracts. Initial expiration months will be July, August, September and December of 1999. The specialist unit for the new options will be Susquehanna Investment Group. Network Peripherals Inc., based in Milpitas, California, designs, manufactures, and markets switching products for workgroups, wireless closets and network backbones, and a variety of adapters and switches. XQZ will open with initial strike prices of 10, 12-1/2 and 15, with position limits of 22,500 contracts. Initial expiration months will be July, August and November of 1999 and February of 2000. The specialist unit forthe new options will be Spear, Leeds & Kellogg. The Amex trades options on 29 broad-based and sector indexes and 1,121 domestic and foreign stocks, as well as Long-term Equity AnticiPation Securities(R) (LEAPS(R)) on 122 stocks. Amex is a leader in listing warrants on indexes, hybrid instruments and other structured products. The Amex is home to the Index Share(TM) Marketplace, which includes SPDRs(R), Select Sector SPDRs(R), DIAMONDS(SM), MidCap SPDRs(TM), WEBS(TM) and Nasdaq-100 Shares(SM). The Nasdaq-Amex Market Group(SM) which operates The Nasdaq Stock Market(R) and the American Stock Exchange(R), is a subsidiary of the National Association of Securities Dealer, Inc. (NASD(R)), the largest securities-industry, self-regulatory organization in the United States. The union of Nasdaq(R) and Amex(R) creates the world's first financial market that brings together central auction specialist and multiple Market Maker systems. For more information about The Nasdaq-Amex Market Group, visit the Nasdaq-Amex Web site at nasdaq-amex.com or the Nasdaq-Amex Newsroom(SM) athttp://www.nasdaq-amexnews.com. SOURCE The American Stock Exchange (C) 1999 PR Newswire. All rights reserved. http://www.prnewswire.com -0- CONTACT: Stephan Pechdimaldji of American Stock Exchange, 212-306-1489 WEB PAGE: nasdaq-amex.com nasdaq-amexnews.com GEOGRAPHY: New York California INDUSTRY CODE: FIN SUBJECT CODE: PDT