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AMEX TO OPEN OPTIONS TRADING ON MFS COMMUNICATIONS COMPANY, INC.

 NEW YORK, Aug. 31 /PRNewswire/ -- The American Stock Exchange today said it will open put and call options trading on the over-the-counter stock of MFS Communications Company, Inc. (stock/option symbol: MFST/MQF) on Tuesday, Sept. 7, 1993.
 MFS Communications Company, based in Omaha, Neb., is the largest provider of local competitive access telecommunications services in the U.S. The company provides a wide range of voice, data and other enhanced services to many of the nation's largest corporations and government agencies.
 MQF will open with strike prices of 45, 50 and 55, and position limits of 5,500 contracts. Initial expiration months will be October and November of 1993 and February and May of 1994. Highland Securities Corp. will be the specialist unit for the new options.
 The Amex trades a total of 339 stock options, including 94 options on over-the-counter stocks, as well as 43 LEAPS(R) (Long-term Equity AnticiPation Securities)(R). In addition, options are traded on six broad-market indexes -- the Major Market Index (XMI), the XMI LEAPS(R) Index (XLT), the S&P MidCap 400 Index and MidCap LEAPS(R) (MID), the Institutional Index (XII), the Japan Index (JPN) and the EUROTOP 100 Index (EUR) -- as well as six industry based indexes -- the Oil Index (XOI), the Computer Technology Index (XCI), the Pharmaceutical Index (DRG), the DRG LEAPS(R) Index (DGL), The Biotechnology Index (BTK), and the BTK LEAPS(R) Index (BKL).
 -0- 8/31/93
 /CONTACT: Kathleen Fitzpatrick, manager, derivative securities communications, American Stock Exchange, 212-306-1697/


CO: American Stock Exchange; MFS Communications Company, Inc. ST: New York IN: TLS SU:

TW -- NY024 -- 7474 08/31/93 11:41 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
Words:274
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