Stock Option Contracts on Sipex's Common Starts Trading on PHLX
Posted on: Thursday, 20 November 2003, 06:00 CST
MILPITAS, Calif., Nov. 20 /PRNewswire-FirstCall/ -- Sipex Corporation , a leading provider of high performance, analog integrated circuits (ICs), today reported that its common stock was approved for option contract trading on the Philadelphia exchange under the symbol SIQ. The initial contracts have strike prices of $7.50, $10 and $12.50. The contracts are listed for the January, April, July, and November cycles. About Sipex Sipex Corporation is a semiconductor company that designs, manufactures and markets high performance, value-added analog integrated circuits (ICs). Sipex serves the broad analog signal processing market with interface, power management and optical storage ICs for use in computing, communications, and networking infrastructure markets. The company is headquartered in Milpitas, California with additional offices in Belgium, China, Germany, Japan, South Korea and Taiwan. Sipex sells direct and through distribution channels. For more information about Sipex, visit http://www.sipex.com/. For further information, contact Phil Kagel, Senior Vice President and CFO at Sipex Corporation, 233 South Hillview Drive, Milpitas, CA 95035, Telephone (408-934-7547). CONTACT: Phil Kagel, CFO and Senior VP, Finance of Sipex Corporation, Web site: http://www.sipex.com/ Company News On-Call: http://www.prnewswire.com/comp/111683.html
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