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Biotech / Medical : Small Cap Foreign Biotech

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To: LLCF who wrote (19)	1/30/2000 1:19:00 AM
From: Torben Noerup Nielsen	Read Replies (1) of 363

David, Apologies for being picky, but... >FYI Gmgh = roughly LLC, these are private. I'm afraid this is not quite true. I'm pretty sure you mean GmbH which stands for ``Gesellschaft mit beschrankter Haftung" (apologies to any Germans; I cannot figure out how to get am umlaut in!). Literally translated, this is ``Business with limited Liability" (case preserved). But this can translate into English as ``Limited", ``Incorporated", ``Public Limited Company (PLC)" or ``Limited Liability Company (LLC)". And I don't think it necessarily implies that it is not public. Incidentally, if it is a really large company, you usually see the abbreviation ``AG" which stands for ``Aktiengesellschaft" and that translates literally to ``Stock corporation". But I'm not even sure an AG has to be public although it usually us. I haven't lived in Europe for a long time. Thanks, Torben

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