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Strategies & Market Trends : Cable and Wireless (CWP)

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To: Sawtooth who wrote (13)4/22/1998 3:03:00 PM
From: Timir  Read Replies (2) of 162
 
Could someone please shed some light for me on a question that may be a no brainer for some of you:

What the heck's the difference between CWP and CWZ apart from the fact that CWZ is an ADR? Does CWZ represent C&W Shares of the company registered in the UK and CWP shares of the company registered in the US? If so, what sort of news should these stocks react to? And for instance, what was the reason for the little hop that CWZ experienced today in terms of volume and price Vs. CWP's placid mood?

Thanks in advance,
Timir.
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