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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Graham C. who wrote (1043)12/7/1999 9:22:00 AM
From: Steve Rolfe  Respond to of 3891
 
Graham,
I believe it is that it is two different markets - NYSE and Paris(whatever it is called). So there is two different valuations - I would guess that there are fewer shares traded on the Paris exchange. So you really can't compare the 2 using just the exchange rate, but the exchange rate does affect the price. Does that make sense?

Steve



To: Graham C. who wrote (1043)12/7/1999 11:15:00 AM
From: Steve Fancy  Respond to of 3891
 
Graham, the ADR that trades in the US represents 1/5th an ALA share.

regards,

sf


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