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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Kiff who wrote (80104)12/19/1999 10:04:00 PM
From: Stuart T  Read Replies (1) | Respond to of 90042
 
I just called the Global Trading Desk at Schwab

(800) 992-4685 for Schwab customers and got a quote (bid and ask) and then went on the web and put a limit order in.

Trade confirmation was slow but I got my 500 shares to start my position.

Note: The bid/ask spread on ADRs is large - 1/2 point.



To: Kiff who wrote (80104)12/19/1999 10:29:00 PM
From: HandsOn  Respond to of 90042
 
American Depository Receipt is just a ratio like 1 ADR might equal 6.4 shares of the original stock. I've heard ADR's are not as liquid as an individual stock, and they are affected by political or currency changes.



To: Kiff who wrote (80104)12/19/1999 11:40:00 PM
From: Snowman  Respond to of 90042
 
Not a stupid question..I had no idea myself..


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