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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: AJ Berger who wrote (5732)	8/4/1999 3:20:00 PM
From: AJ Berger	Respond to of 9582

Pacific Exchange to Trade Options on Alliance Semiconductor Corporation And the Goldman Sachs Group, Inc. SAN FRANCISCO, Aug. 4 /PRNewswire/ -- The Pacific Exchange (PCX) has announced that, on Monday, August 9, 1999, it will begin trading options on Alliance Semiconductor Corporation (Nasdaq: ALSC; PCX: ASU). The PCX will also begin trading options on The Goldman Sachs Group, Inc. (NYSE: GS) on Wednesday, August 11, 1999. Alliance Semiconductor Corporation options will trade on the January expiration cycle. It will open on August 9 with strike prices of 7 1/2, 10, and 12 1/2, and will be available for the months of September, October, January, and April. Position and exercise limits have been set at 31,500 contracts. ASU options have been allocated to lead market maker Scott Elisha of Wolverine Trading, L.P., who assures that the disseminated market quote is firm for 50 contracts. The Goldman Sachs Group, Inc. options will trade on the January expiration cycle. It will open on August 11 with strike prices of 55, 60, and 65, and will be available for the months of September, October, January, and April. Position and exercise limits have been set at 75,000 contracts. The underlying stock is available at the Pacific Exchange. GS options have been allocated to lead market makers Bruce Ulriksen and David Eglit of Spear, Leeds & Kellogg, who assure that the disseminated market quote is firm for 25 contracts. For more information about the Pacific Exchange, visit the PCX Web site at www.pacificex.com. SOURCE Pacific Exchange -0- 08/04/99 /CONTACT: Gloria Kwok, Corporate Affairs of Pacific Exchange, 415-393-4216, or gkwok@pacificex.com/ /Web site: pacificex.com (ALSL GS) CO: Pacific Exchange; Alliance SemiConductor Corporation; Goldman Sachs Group, Inc. ST: California IN: FIN SU: * end of story *