American Stock Exchange to Trade Options on Ditech Communications Corporation and Overstock.com, Inc.

American Stock Exchange to Trade Options on Ditech Communications Corporation
and Overstock.com, Inc. 


NEW YORK, Dec. 19  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will
launch trading in options on Monday, December 22, 2003 on the Nasdaq Stock
Market listed stocks of Ditech Communications Corporation (Option Symbol:
QZD/Stock Symbol: DITC) and Overstock.com, Inc. (Option Symbol: QKT/Stock
Symbol: OSTK).

Ditech Communications Corporation options will open with strike prices of 15 -
17 1/2 - 20 and position limits of 31,500 contracts.  The options will trade on
the January expiration cycle with initial expirations in January, February,
April and July.  The specialist will be Susquehanna Investment Group.  Ditech
Communications Corporation designs, develops and markets equipment used in
building and expanding telecommunications and cable communications networks.

Overstock.com, Inc. options will open with strike prices of 17 1/2 - 20 - 22 1/2
and position limits of 31,500 contracts.  The options will trade the March
expiration cycle with initial expirations in January, February, March and June. 
The specialist will be Group One Trading, L.P.  Overstock.com, Inc. offers
discounted brand-name merchandise for sale over the Internet.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 126 ETFs to date. The Amex is also
one of the largest options exchanges in the U.S., trading options on broad-based
and sector indexes as well as domestic and foreign stocks. 

DATASOURCE: American Stock Exchange



CONTACT:  Lynn Teresky of the American Stock Exchange, [phone],





Web site:  http://www.amex.com/ 

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