Printer Friendly

AMEX OPENS OPTIONS TRADING ON GENERAL DATACOMM INDUSTRIES & AMEX-LISTED GREYHOUND LINES, HEALTH PROFESSIONALS AND WEATHERFORD INTERNATIONAL

 NEW YORK, June 8 /PRNewswire/ -- The American Stock Exchange today opened put and call options trading on the listed stock of General DataComm Industries, Inc. (ticker symbol: "GDC") and the Amex-listed stocks of Greyhound Lines, Inc. ("BUS"), Health Professionals, Inc. ("HPI") and Weatherford International, Inc. ("WII").
 General DataComm makes and services data communications equipment and networks which transmit data between computers, terminals and other data processing equipment. GDC opened with strike prices of 12-1/2, 15 and 17-1/2 and position limits of 3,000 contracts. Initial expiration months are June, July and October of 1993 and January of 1994. Charlton, Goin/SLK is the specialist unit for the new options.
 Greyhound Lines is the largest U.S. provider of bus transportation services. The company also provides charter services in limited markets and conducts foodservice operations. BUS opened with strike prices of 17-1/2, 20 and 22-1/2 and position limits of 5,500 contracts. Initial expiration months are June, July and October of 1993 and January of 1994. Spear, Leeds & Kellogg is the specialist unit for the new options.
 Health Professionals focuses mainly on the development, ownership and management of facilities dedicated to treatment, clinical research and innovation in the care of patients with immunological and related diseases. HPI opened with strike prices of 10, 12-1/2 and 15 and position limits of 5,500 contracts. Initial expiration months are June, July, August and November of 1993. Cohen, Cohn, Duffy & McGowan, Inc. is the specialist unit for the new options.
 Weatherford International is a multinational manufacturing and energy service company that provides tubular running and fishing tool services, sells products and equipment, and rents specialized equipment and fishing tools to the oil and gas industry. WII opened with strike prices of 10, 12-1/2 and 15 and position limits of 5,500 contracts. Initial expiration months are June, July, September and December of 1993. O'Connor & Associates is the specialist unit for the new options.
 The Amex trades a total of 330 stock options, including 86 options on over-the-counter stocks, as well as 43 LEAPS (tm) (Long-term Equity AnticiPation Securities). In addition, options are traded on six broad- market indexes-- the Major Market Index (XMI), the XMI LEAPS(tm) Index (XLT), the S&P MidCap 400 Index (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR)-- as well as five industry based indexes-- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(tm) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS (tm) Index (BKL).
 -0- 6/8/93
 /CONTACT: Kathleen Fitzpatrick, manager, Derivative Securities Communications of Amex, 212-306-1697/


CO: General DataComm Industries, Inc.; Greyhound Lines, Inc.; Health
 Professionals, Inc.; Weatherford International, Inc. ST: IN: FIN SU:


PS -- NY029 -- 6467 06/08/93 10:46 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 8, 1993
Words:470
Previous Article:TEXAS INSTRUMENTS ENGINEERS HONORED FOR PIONEERING SPEECH TECHNOLOGY; COMPUTER SPEECH CHIP MADE TALKING CONSUMER PRODUCTS POSSIBLE
Next Article:ENRON CORP. COMMERCIAL PAPER PROGRAM RATED 'F-2' BY FITCH -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
WEATHERFORD COMPLETES ACQUISITION
WEATHERFORD INTERNATIONAL ANNOUNCES OFFERING
WEATHERFORD INTERNATIONAL INCORPORATED AND TUBOSCOPE VETCO INTERNATIONAL CORPORATION CONTINUE NEGOTIATIONS OF MERGER
WEATHERFORD INTERNATIONAL INCORPORATED TO LIST ON NEW YORK STOCK EXCHANGE
AMEX TO LIST TWO NEW OPTIONS
American Stock Exchange Invites Investors To Discover New Investment Opportunities; Financial Commentator James J. Cramer to Kick Off Conference with...
American Stock Exchange to Trade Options On Platinum Underwriters Holdings, Ltd.
American Stock Exchange to Trade Options on Four Securities.
American Stock Exchange Lists Morgan Stanley's 8% SPARQS Linked to Weatherford International Ltd.
American Stock Exchange Lists Morgan Stanley's 12% SPARQS Linked to Weatherford International Ltd.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters