To: David Lawrence who wrote (19346 ) 8/30/1999 4:33:00 AM From: Scrapps Respond to of 22053
Amex to Start Trading 25 New Options on September 1 NEW YORK, Aug. 27 /PRNewswire/ -- The American Stock Exchange today announced it expects to start trading 25 new options on Wednesday, September 1. The options will be on the following stocks: -- Microsoft Corp. (MSFT) -- First Union Corp. (FTU) -- Compaq Computer Corp. (CPQ) -- Abbot Laboratories (ABT) -- Home Depot Inc. (HD) -- Baker Hughes Inc. (BHI) -- Time Warner Inc. (TWX) -- Nike Inc. (NKE) -- J.P. Morgan (JPM) -- Placer Dome Inc. (PDG) -- Fannie Mae (FNM) -- Analog Devices Inc. (ADI) -- 3Com Corp.(COMS) -- BankBoston Corp. (BKB) -- Sun Microsystems Inc. (SUNW) -- Newbridge Networks Corp. (NN) -- Applied Materials Inc. (AMAT) -- Sprint Corp. (FON) -- Advanced Micro Devices Inc. (AMD) -- McKessonHBOC Inc. (MCK) -- Tellabs Inc. (TLAB) -- Adobe Systems Inc. (ADBE) -- Schering-Plough Corp. (SGP) -- Hilton Hotels Corp. (HLT) -- Newmont Mining Corp. (NEM) The Amex trades options on 31 broad-based and sector indexes and 1,121 domestic and foreign stocks, as well as Long-term Equity AnticiPation Securities® (LEAPS®) 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®, Select Sector SPDRs®, DIAMONDS(SM), MidCap SPDRs(TM), WEBS(TM) and Nasdaq-100 Shares(SM). The Nasdaq-Amex Market Group(SM), which operates The Nasdaq Stock Market® and the American Stock Exchange®, is a subsidiary of the National Association of Securities Dealer, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. The union of Nasdaq® and Amex® 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) at nasdaq-amexnews.com . SOURCE: American Stock Exchange