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Biotech / Medical : Novartis
NVS 123.88+0.1%Nov 3 3:59 PM EST
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To: Bernard I. Gentile who wrote (189)4/16/1998 12:51:00 AM
From: Chadster  Read Replies (3) of 296
 
The trouble with Novartis quotes, and Nestle too among others, involves a new regulation issued by the SEC. Foreign companies who want their ADRs to have quotes available over the internet are required to file a special report. To date, Novartis has not yet filed their report and hence they do not have share prices available on the internet. The best you can do is call a broker or convert the Swiss shares yourself. Of course, the new reg doesn't affect trading, just the availability of internet quotes. So much for protecting the small investor.
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