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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (71690)	12/10/1999 12:03:00 PM
From: Michael Bakunin	Respond to of 132070

Wrong mb (I keep my initials lowercase), but I'll try: a GDR is a generic version of an ADR (American...). GDR's can be listed here, in which case the use of the word Global is more of a marketing decision, or elsewhere, in which case it makes some sense. If the GDR in which you're interested is listed on a US exchange, you can buy it the same way you do any stock. It is worth checking to see whether you are paying a premium, since less liquid xDR's often do not trade in lockstep with the ordinary shares they represent. If the GDR trades in, say, London, then you'll need a broker, here or there, who'll buy it for you in the UK (or wherever). -mb