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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (4882)	1/28/1999 3:08:00 PM
From: B. A. Marlow	Respond to of 17679

Re: AXC Options Options listing requirements are established by the CBOE; the public company itself has no direct role in securing an options listing. There are about 5 or 6 CBOE requirements, including float size, stock price, and minimum trading volume over a period of time. I'd say we could now be close to meeting these requirements. One can call the CBOE (1-800-OPTIONS) to request that AXC options be re-initiated. This makes a difference and will greatly speed things up, assuming that requirements are met. (Ask for the research department, very helpful and professional.) From the time that AXC meets the CBOE's requirements, figure it will take 8 weeks to "designate" a primary market maker, coordinate with other exchanges if there is multiple interest, and schedule the commencement of trading. BAM