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To: donkeyman who wrote (2399)7/28/1999 8:20:00 AM
From: Troutbum  Respond to of 3519
 
Dman,

I believe that Freeserve trades on the NASDAQ as an ADR-American Depository Receipt-and the qouted share price of 1 ADR=10 shares of Freeserve on the FTSE. Therefore, a NASDAQ quote of $33.00 places a value of $3.00 per share on the FTSE. Someone else could probably explain this in better terms.