PHLX To Begin Trading Options on Copper Mountain Networks, Inc. (KUA/CMTN)

The Philadelphia Stock Exchange (PHLX) is pleased to announce that it will begin trading put and call options on Copper Mountain Networks, Inc. (option/stock symbol: KUA/CMTN), upon the opening of business on Tuesday, November 16, 1999. Options on Copper Mountain Networks, Inc. will trade on the March expiration cycle with initial expiration months of December, January, March, and June. Opening strike prices will be 70, 75, and 80. In addition, Binary Traders, Inc. will be offering an automatic execution (AUTO-X) of up to 10 contracts for orders executed through AUTOM, PHLX's automatic execution system for equity and sectors index options. The PHLX is the first securities exchange in the U.S. and the nation's fastest growing sectors index options exchange. Founded in 1790, PHLX is a market leader in the trading of over 2600 stocks, 950 equity options, 12 sector index options, and 100 currency pairs.