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American Stock Exchange to Trade Options on Freescale
Semiconductor, Inc.
NEW YORK, July 23 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Monday, July 26, 2004 on the New York Stock
Exchange listed stock of Freescale Semiconductor, Inc. (NYSE:FSL).
Freescale Semiconductor, Inc. will open with strike prices of 12-1/2 - 15 -
17-1/2 and position limits of 3,150,000 shares. The options will trade on the
March expiration cycle with initial expirations in August, September, December,
and March. The specialist will be SLK-Hull Derivatives, LLC.
Freescale Semiconductor, Inc. provides embedded processing and connectivity
products to large, high-growth markets. The Company also provides complementary
devices that provide connectivity between products, across networks and to
real-world signals, such as sound, vibrations and pressure.
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 138 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: The American Stock Exchange
CONTACT: Lynn Duffy of the American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/