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AMEX REQUIRES 100 PERCENT MARGIN FOR ANDREA ELECTRONICS CORP. COMMON STOCK

 NEW YORK, May 20 /PRNewswire/ -- The American Stock Exchange announces that effective immediately, and until further notice, the Exchange's initial margin requirement will be 100 percent on all new transactions in Andrea Electronics Corp. (AMEX: AND) common stock (issued and when issued).
 In no way, does this action reflect on the company or its performance. This action is being taken because of the recent volatile price movement of company's stock. The Exchange is acting to temper speculation.
 The Exchange will continue to closely monitor the situation in Andrea Electronics Corp. common stock and will prescribe lower margin requirements when it determines that market conditions warrant this move.
 -0- 5/20/93
 /CONTACT: Joan Allen, vice president - corporate communications of AMEX, 212-306-1650/
 (AND)


CO: Andrea Electronics Corp. ST: IN: CPR SU:

WB -- NY087 -- 0860 05/20/93 14:44 EDT
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Publication:PR Newswire
Date:May 20, 1993
Words:139
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