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Amex to Trade Options on Thirteen Securities


NEW YORK, Nov. 20 /PRNewswire/ -- The American Stock Exchange will launch trading in options on Tuesday, November 21, 2000 on the following Nasdaq Stock Market, New York Stock Exchange and Amex listed stocks of:


      EntreMed, Inc.  (Option Symbol: QMA/ Stock Symbol: ENMD) 
    Metricom, Inc.  (Option Symbol: MQM/ Stock Symbol: MCOM) 
    Protein Design Labs, Inc.  (Option Symbol: PQI/ Stock Symbol: PDLI) 
    Rational Software Corporation  (Option Symbol: RAQ/ Stock Symbol: RATL) 
    Sawtek, Inc.  (Option Symbol: QWS/ Stock Symbol: SAWS) 
    Anadarko Petroleum Corporation  (Symbol: APC) 
    Carnival Corporation  (Symbol: CCL) 
    Colgate-Palmolive Company  (Symbol: CL) 
    EOG Resources, Inc.  (Symbol: EOG) 
    KEMET Corporation  (Symbol: KEM) 
    The Limited, Inc.  (Symbol: LTD) 
    Minnesota Mining and Manufacturing Company  (Symbol: MMM) 
    IVAX Corporation  (Symbol: IVX) 

EntreMed, Inc. options will open with position limits of 31,500. The options will trade on the February expiration cycle. The specialist will be Group One Trading L.P. EntreMed, Inc. researches and develops biopharmaceutical products that focus on the role of blood and blood vessels in health and disease.

Metricom, Inc. options will open with position limits of 75,000 contracts. The options will trade on the January expiration cycle. The specialist will be Charlton,SLK. Metricom, Inc. provides wireless data communications solutions.

Protein Design Labs, Inc. options will open with position limits of 45,000 until February 17, 2001 that will be reduced after that date to 22,500 contracts. The options will trade on the February expiration cycle. The specialist will be GHM, Inc. Protein Design Labs, Inc. develops humanized monoclonal antibodies for the prevention and treatment of a variety of diseases and conditions.

Rational Software Corporation options will open with position limits of 150,000 contracts until January 18, 2003 and be reduced after that date to 75,000. The options will trade on the January expiration cycle. The specialist will be Spear, Leeds, & Kellogg. Rational Software Corporation develops and markets a variety of software development tools, services, and software engineering best practices.

Sawtek, Inc. options will open with position limits of 75,000 contracts. The options will trade on the March expiration cycle. The specialist will be Susquehanna Investment Group. Sawtek, Inc. supplies electronic signal processing components based on surface acoustic wave technology (SAW).

Anadarko Petroleum Corporation options will open with position limits of 150,000 until January 20, 2001 that will be reduced after that date to 75,000 contracts. The options will trade on the February expiration cycle. The specialist will be Botta Capital Management, LLC. Anadarko Petroleum Corporation is an independent oil and gas exploration and production company. Carnival Corporation options will open with position limits of 75,000 contracts. The options will trade on the January expiration cycle. The specialist will be Knight Financial Products LLC. Carnival Corporation owns or has interest in several cruise brands.

Colgate-Palmolive Company options will open with position limits of 150,000 until January 19, 2002 that will be reduced after that date to 75,000 contracts. The options will trade on the February expiration cycle. The specialist will be Cranmer & Cranmer, Inc. Colgate-Palmolive Company is a consumer products company that markets it products through out the world.

EOG Resources, Inc. options will open with position limits of 75,000 contracts. The options will trade on the January expiration cycle. The specialist will be AGS Specialist Partners. EOG Resources, Inc. is an oil and gas company with a prospect portfolio and a three dimensional seismic program in place.

KEMET Corporation options will open with position limits of 75,000 contracts. The options will trade on the January expiration cycle. The specialist will be Gateway Partners, LLC. KEMET Corporation manufactures and sells solid tantalum and multilayer ceramic capacitors.

The Limited, Inc. options will open with position limits of 150,000 until January 19, 2002 that will be reduced after that date to 75,000 contracts. The options will trade on the February expiration cycle. The specialist will be Eclipse JV. The Limited, Inc. is a specialty retailer.

Minnesota, Mining and Manufacturing Company (3M) options will open with position limits of 75,000 contracts. The options will trade on the January expiration cycle. The specialist will be Cohen, Duffy & McGowan. Minnesota, Mining and Manufacturing Company (3M) is a diversified manufacturer of industrial, commercial, and health care products.

IVAX Corporation options will open with position limits of 75,000 contracts. The options will trade on the March expiration cycle. The specialist will be TFM Investment Group. IVAX Corporation researches, develops, manufactures and markets branded and generic pharmaceuticals in the United States and international markets.

The American Stock Exchange(R), a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), is the only primary exchange that offers trading across a full range of equities, Index Shares(SM, including structured products and HOLDRS(SM), and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS(R), FORTUNE 500(R) Index Tracking Stock, FORTUNE e-50(TM) Index Tracking Stock, iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking tock(SM), Select Sector SPDRs(R), and SPDRs(R) and streetTRACKS(SM) 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 http://www.amex.com.

SOURCE American Stock Exchange

-0- 11/20/2000

/CONTACT: Laura J. Orgon, 681-1700, ext. 200, for American Stock Exchange/

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

CO: American Stock Exchange; EntreMed, Inc.; Metricom, Inc.; Protein Design


     Labs, Inc.; Rational Software Corporation; Sawtek, Inc.; Anadarko 
     Petroleum Corporation; Carnival Corporation; Colgate-Palmolive Company; 
     EOG Resources, Inc.; KEMET Corporation; The Limited, Inc.; Minnesota 

Mining and Manufacturing Company; IVAX Corporation

ST: New York IN: FIN SU: OFR

-0- Nov/20/2000 15:34 GMT

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