Amex to Trade Options on Nine Securities

  NEW YORK, March 8 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
will launch trading in options on Tuesday, March 9, 2004, on the underlying
security of: 


       * Blue Coat Systems, Inc. (Option Symbol: IYU /Nasdaq: BCSI)
     * China Life Insurance Co., Limited, ADS (NYSE: LFC)
     * Commonwealth Telephone Enterprises, Inc. (Option Symbol: QOK /
       Nasdaq: CTCO)
     * DUSA Pharmaceuticals, Inc. (Option Symbol: FDU / Nasdaq: DUSA)
     * Hawaiian Electric Industries, Inc. (NYSE: HE)
     * OMI Corporation (NYSE: OMM)
     * Performance Technologies, Incorporated (Option Symbol: HTU /
       Nasdaq: PTIX)
     * SS&C Technologies, Inc. (Option Symbol: QUN / Nasdaq: SSNC)
     * Syntroleum Corporation (Option Symbol: HYU / Nasdaq: SYNM)


  Blue Coat Systems, Inc. options will open with strike prices of
40 - 45 - 50 and position limits of 1,350,000 shares.  The options will trade
on January expiration cycle with initial expirations in March, April, July and
October.  The specialist will be Tanstaafl Research & Trading, LLC.  Blue Coat
Systems, Inc. provides Web security solutions that increase the protection and
control of enterprise Web infrastructures. 
China Life Insurance Co., Limited, American Depositary Shares options will
open with strike prices of 22 1/2 - 25 - 30 and position limits of 7,500,000
ADS.  The options will trade on January expiration cycle with initial
expirations in March, April, July and October.  The specialist will be
Tanstaafl Research & Trading, LLC.  China Life Insurance Co., Limited offers a
wide range of life, accident and health insurance products and services. 
Commonwealth Telephone Enterprises, Inc. options will open with strike
prices of 35 - 40 - 45 and position limits of 2,250,000 shares.  The options
will trade on January expiration cycle with initial expirations in March,
April, July and October.  The specialist will be LaBranche Structured
Products, LLC.  Commonwealth Telephone Enterprises, Inc. is a wireline
telecommunications services company offering a growing base of business and
residential customers the full array of state-of-the-art data and voice
telecommunications products and services, including broadband data services
and high-speed internet access, delivered over its 100% digitally-switched,
fiber-rich network. 
DUSA Pharmaceuticals, Inc. options will open with strike prices of
7 1/2  - 10 - 12 1/2 and position limits of 2,250,000 shares.  The options
will trade on January expiration cycle with initial expirations in March,
April, July and October.  The specialist will be Kellogg Capital Group, LLC.
DUSA Pharmaceuticals, Inc. is a development stage pharmaceutical company that
is researching and developing a light sensitive drug known as ALA in
combination with light devices. 
Hawaiian Electric Industries, Inc. options will open with strike prices of
45 - 50 - 55 and position limits of 1,350,000 shares.  The options will trade
on January expiration cycle with initial expirations in March, April, July and
October.  The specialist will be LaBranche Structured Products, LLC.  Hawaiian
Electric Industries, Inc. is a diversified holding company that delivers a
variety of services to the people of Hawaii. 
OMI Corporation options will open with strike prices of 7 1/2 - 10 - 12
1/2 and position limits of 6,000,000 shares.  The options will trade on
January expiration cycle with initial expirations in March, April, July and
October.  The specialist will be Bowery Specialist Group, LLC.  OMI
Corporation provides sea borne transportation services for crude oil and
petroleum products in the international shipping markets. 
Performance Technologies, Incorporated options will open with strike
prices of 17 1/2 - 20 - 22 1/2 and position limits of 1,350,000 shares.  The
options will trade on January expiration cycle with initial expirations in
March, April, July and October.  The specialist will be Tanstaafl Research &
Trading, LLC.  Performance Technologies, Incorporated supplies
telecommunications and networking products. 
SS&C Technologies, Inc. options will open with strike prices of 25 - 30 -
35 and position limits of 1,350,000 shares.  The options will trade on January
expiration cycle with initial expirations in March, April, July and October.
The specialist will be Group One Trading, L.P.  SS&C Technologies, Inc.
provides client/server-based financial software solutions and related
consulting services. 
Syntroleum Corporation options will open with strike prices of 5 - 7 1/2 -
10 and position limits of 2,250,000 shares.  The options will trade on January
expiration cycle with initial expirations in March, April, July and October.
The specialist will be Charlton Specialist Partners, LLC.  Syntroleum
Corporation develops and owns a proprietary process, the Syntroleum Process,
that catalytically converts natural gas into synthetic liquid hydrocarbons. 
  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 HOLDRSSM.  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.
  

SOURCE  American Stock Exchange 
-0-                             03/08/2004 
/CONTACT:  Jeanette Volpi of American Stock Exchange, +1-212-306-1650,
jeanette.volpi@amex.com / 
/Web site:  http://www.amex.com / 
(BCSI LFC CTCO DUSA HE OMM PTIX SSNC SYNM) 
CO:  American Stock Exchange; Amex; Blue Coat Systems, Inc.; China Life 


     Insurance Co., Limited, ADS; Commonwealth Telephone Enterprises, Inc.;
     DUSA Pharmaceuticals, Inc.; Hawaiian Electric Industries, Inc.; OMI
     Corporation; Performance Technologies, Incorporated; SS&C Technologies,


 Inc.; Syntroleum Corporation 
ST:  New York
IN:  FIN PUB
SU:
-0- Mar/08/2004 23:24 GMT
 
 
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