To: Mighty_Mezz who wrote (614 ) 5/18/1998 12:20:00 PM From: Mighty_Mezz Read Replies (1) | Respond to of 810
PHLX to Begin Trading Options on TAVA Technologies, Inc. (QTV/TAVA) PR Newswire - May 18, 1998 12:14 TAVA %FIN %CPR V%PRN P%PRN PHILADELPHIA, May 18 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on TAVA Technologies, Inc. (option/stock symbol: QTV/TAVA), upon the opening of business on Tuesday, May 26, 1998. TAVA Technologies, Inc. provides systems integration and information technology solutions to clients in the manufacturing and process industries. The Company integrates production processes, applications, hardware, and software. The following table lists the stock, symbols, position limits, and specialist unit for the new issue: POSITION STOCK LIMITS SPECIALIST TAVA Technologies, Inc. 10,500 Market Street Securities Options on TAVA Technologies, Inc. will trade on the February expiration cycle with initial expiration months of June, July, August, and November. Opening strike prices will be 10, 12-1/2, and 15. In addition, Market Street Securities will be offering an automatic execution (AUTO-X) of up to 20 contracts for orders executed through AUTOM, PHLX's automatic execution system for equity and sectors index options. The PHLX is the first securities exchange in the US, and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2,800 stocks, 790 equity options, thirteen index options, and 100 currency pairs. phlx.com SOURCE Philadelphia Stock Exchange /CONTACT: Lynda Caravello of the PHLX, 215-496-5200, or e-mail, pr@phlx.com/ /Web site: phlx.com (TAVA)