Press Release:January 11, 2002
Media Contact:Lynn Teresky, Amex
212-306-1654


Amex to Trade Options on Eighteen Securities

NEW YORK - The American Stock Exchange® (Amex®) will launch trading in options on Friday, January 11, 2002 on the following Nasdaq Stock Market and New York Stock Exchange listed stocks of:

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  • Accredo Health, Incorporated (Option Symbol: DZU/Stock Symbol: ACDO) ·
  • Alloy, Inc. (Option Symbol: YLQ/Stock Symbol: ALOY) ·
  • American Electric Power Company, Inc. (Symbol: AEP) ·
  • Textron, Inc. (Symbol: TXT) ·
  • ARM Holdings plc. American Depositary Shares (Option Symbol: AOQ /Stock Symbol: ARMHY) ·
  • Penn National Gaming, Inc. (Option Symbol: UQN /Stock Symbol: PENN) ·
  • CNF Inc. (Symbol: CNF) ·
  • Constellation Energy Group, Inc. (Symbol: CEG) ·
  • Family Dollar Stores, Inc. (Symbol: FDO) ·
  • Fiserv, Inc. (Option Symbol: FQV/Stock Symbol: FISV) ·
  • Greenpoint Financial Corp. (Symbol: GPT) ·
  • Guilford Pharmaceuticals Inc. (Option Symbol: GQF/Stock Symbol: GLFD) ·
  • Helmerich & Payne, Inc. (Symbol: HP) ·
  • Hitachi, Ltd. American Depositary Shares (Symbol: HIT) ·
  • Knight-Ridder, Inc. (Symbol: KRI) ·
  • Pier 1 Imports, Inc. (Symbol: PIR) ·
  • TeleTech Holdings, Inc. (Option Symbol: QTC/Stock Symbol: TTEC) ·
  • The South Financial Group, Inc. (Option Symbol: QCF/Stock Symbol: TSFG)

Accredo Health, Incorporated options will open with position limits of 31,500 contracts. The options will trade on the February expiration cycle. The specialist will be AGS Specialist Partners. Accredo Health, Incorporated provides specialized contract pharmacy and related services for the treatment of patients with costly, chronic diseases.

Alloy, Inc. options will open with position limits of 31,500 contracts. The options will trade on the February expiration cycle. The specialist will be Botta Capital Management, LLC. Alloy, Inc. is a youth-focused media company and direct marketer providing community, content, commerce, and entertainment to Generation Y.

American Electric Power Company, Inc. options will open with position limits of 75,000 contracts. The options will trade on the February expiration cycle. The specialist will be SLK-Hull Derivatives, LLC. American Electric Power Company, Inc. generates electricity in several states, and markets and trades energy on a wholesale basis.

Textron, Inc. options will open with position limits of 31,500 contracts. The options will trade on the March expiration cycle. The specialist will be SLK-Hull Derivatives, LLC. Textron, Inc is a global, multi-industry company with operations in four business segments.

ARM Holdings plc. American Depositary Shares options will open with position limits of 22,500 contracts. The options will trade on the January expiration cycle. The specialist will be Bowery Specialist Group, LLC. ARM Holdings plc designs RISC microprocessors and related technology and software, in addition to selling development systems for the enhancement of embedded applications.

Penn National Gaming, Inc. options will open with position limits of 13,500 contracts. The options will trade on the January expiration cycle. The specialist will be Bowery Specialist Group, LLC. Penn National Gaming, Inc. owns, operates, and conducts wagering at its Penn National Race Course and Pocono Downs Racetrack, and its various off-track wagering facilities in Pennsylvania.

CNF Inc. options will open with position limits of 31,500 contracts. The options will trade on the March expiration cycle. The specialist will be Equitec Proprietary Markets, LLC. CNF Inc. is a management company of global supply chain services.

Constellation Energy Group, Inc. options will open with position limits of 75,000 contracts until January 19, 2002 then be reduced to 60,000. The options will trade on the January expiration cycle. The specialist will be Spear, Leeds and Kellogg. Constellation Energy Group, Inc. is a holding company with operations throughout North America and various Latin American countries.

Family Dollar Stores, Inc. options will open with position limits of 60,000 contracts. The options will trade on the January expiration cycle. The specialist will be Wolverine Trading L.P. Family Dollar Stores, Inc. is a national discount store chain.

Fiserv, Inc.options will open with 11,250,000 shares FISV until March 16, 2002 then be reduced to 75,000 contracts. The options will trade on the March expiration cycle. The specialist will be Knight Financial Products, LLC. Fiserv, Inc. provides information management technology and related services to the financial industry.

Greenpoint Financial Corp. options will open with position limits of 31,500 contracts. The options will trade on the January expiration cycle. The specialist will be Susquehanna Investment Group. Greenpoint Financial Corp. is the holding company for the GreenPoint Bank, GreenPoint Mortgage Corp., and GreenPoint Credit LLC.

Guilford Pharmaceuticals Inc. options will open with position limits of 31,500 contracts. The options will trade on the March expiration cycle. The specialist will be Charlton SLK. Guilford Pharmaceuticals Inc. is a biopharmaceutical company that develops polymer-based therapeutics for cancer.

Helmerich & Payne, Inc.options will open with position limits of 31,500 contracts. The options will trade on the March expiration cycle. The specialist will be GPZ Trading, LLC. Helmerich & Payne, Inc. provides contract drilling of oil and gas wells, and also explores for, produces, and sells crude oil and natural gas.

Hitachi, Ltd. American Depositary Shares. options will open with position limits of 13,500 contracts. The options will trade on the January expiration cycle. The specialist will be LETCO-Specialists L.P. Hitachi, Ltd. manufactures communications and electronic equipment, heavy electrical and industrial machinery, and consumer electronics.

Knight-Ridder, Inc. options will open with position limits of 31,500 contracts. The options will trade on the January expiration cycle. The specialist will be Wagner Stott Bear Specialists LLC. Knight-Ridder, Inc., a newspaper publisher, offers print and online products.

Pier 1 Imports, Inc.. options will open with position limits of 75,000 contracts. The options will trade on the March expiration cycle. The specialist will be Cohen, Duffy, & McGowan, LLC. Pier 1 Imports, Inc. retails decorative home furnishings, gifts, and related items.

TeleTech Holdings, Inc. options will open with position limits of 31,500 contracts. The options will trade on the January expiration cycle. The specialist will be Group One Trading, L.P. TeleTech Holdings, Inc. provides integrated customer management solutions to Fortune 500 and multinational companies located worldwide.

The South Financial Group, Inc. options will open with position limits of 13,500 contracts. The options will trade on the February expiration cycle. The specialist will be LaBranche & Co., LLC. The South Financial Group, Inc. is a multi-bank holding company with offices in South Carolina, Florida, and North Carolina.

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The American Stock Exchange® (AMEX®) a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, Exchange Traded Funds (ETFs), including structured products and HOLDRSSM, and options. In addition to its role as a national equities market, the American Stock Exchange is the leader in ETF listings, listing 117 ETFs to date, and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit www.amex.com.