SAP A.G. Message Board - Msg: 5303746

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Technology Stocks : SAP A.G.

SAP 245.95

+0.7%

Dec 10 3:59 PM EST

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To: BI*RI who wrote (1696)	7/24/1998 12:50:00 PM
From: Vik	Read Replies (3) of 3424

FYI: Yesterday I tried to buy some SAPHY ADR's my broker gave me a Bid of 225 and Ask of 226. I went to 226 and within minutes he called back and said the OTC raised the Bid to 228,ASK of 230. I left it alone for another day. I just tried to buy them again today, my broker came back and said the Bid was 233 with an Ask of 235, so i told him to goto the ask and buy it at 235. Within a few minutes he called back and said the Ask is now at 235 1/2 When i calculated the actual stock price based on the close on the DAX in Germany and the close of the DEM, the ADR should be at 210. I suspect the OTC floor traders are playing around for our money. Vik

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