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PHLX TO BEGIN TRADING OPTIONS ON CELLULAR INC.

 PHILADELPHIA, Oct. 29 /PRNewswire/ -- The Philadelphia Stock Exchange (PHLX) announced today it will begin trading put and call options on Cellular Inc. (CQL/CELS) upon the opening of business on Monday, Nov. 1.
 The following table lists the stock, ticker symbol, position limits and specialist unit for the new issue:
 POSITION
 STOCK SYMBOL LIMITS SPECIALIST
 Cellular Inc. CQL/CELS 3000 DKW Trading
 Options on Cellular Inc. will trade on the February expiration cycle and will be guaranteed an automatic execution (AUTO-X) of up to 20 contracts.
 The PHLX is the nation's oldest securities exchange and is a market leader in trading more than 2,200 stocks, and more than 250 equity, index and currency options.
 /delval/
 -0- 10/29/93
 /CONTACT: Lynda Lucker of the PHLX, 215-496-5200, or Ian Colley of the Weiser Walek Group, 212-684-4440, for the PHLX/


CO: Philadelphia Stock Exchange; Cellular Inc. ST: Pennsylvania IN: FIN SU:

MK-MJ -- PH016 -- 8494 10/29/93 12:02 EDT
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Title Annotation:CQL/CELS
Publication:PR Newswire
Date:Oct 29, 1993
Words:159
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