American Eco listed on Chicago Board Options Exchange as 'EOQ'.HOUSTON--(BUSINESS WIRE)--May 30, 1997--American Eco Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ECGOF)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ECX.) announced that American Eco Corp. has been selected to be listed on the Chicago Board Options Exchange Chicago Board Options Exchange (CBOE) A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index) as of Monday, June 2nd, 1997. Options for American Eco will be listed as "EOQ (Economic Order Quantity) The most economical quantity of a product that should be purchased at one time. The EOQ is based on all associated costs for ordering and maintaining the product. ." Michael E. McGinnis, chairman, president & CEO of American Eco, stated, "Listing of American Eco on the Chicago Board Options Exchange indicates the interest and liquidity of our securities and is a positive step for our shareholders as the company continues its planned strategy for profitable growth." American Eco is a leading North American provider of single-source construction, management, maintenance, engineering and environmental remediation services in the refining, petrochemical, utility, forest products and offshore manufacturing industries. CONTACT: American Eco Corp. David Norris, 888/774-3246 |
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