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Non-Tech : DRIPs -- Dividend reinvestment plans
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To: PETE DARRUDA who wrote (64)1/2/1997 12:11:00 PM
From: Doc   of 263
 
To Pete concerning your request for definition:

ADRs are American Depositary Receipts; foreign stocks that trade on the NYSE or NASDAQ; companies like Telebras; Sony; TDK. These are NOT recommendations, but representations of these type of securities. Economic growth in many countries outside of the US will be greater than our GDP.
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