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Strategies & Market Trends : Australian Shares and ADRs
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To: Teddy who wrote (3)3/29/1998 6:36:00 PM
From: James F. Hopkins   of 96
 
Teddy : I didn't see FAX yet thats about the biggest Australin
ADR going, maybe this Dutch is just listing ones he is in..
But FAX may not be considered as an ADR, as it's a closed end fund
but is a good bench mark for Australia..yet at this time I consider
it as a little over priced. Australia has been having a hard
time with their currency..& that to me makes the stocks risky.
Jim
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