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Biotech / Medical : Small Cap Foreign Biotech -- Ignore unavailable to you. Want to Upgrade?


To: Torben Noerup Nielsen who wrote (21)1/30/2000 12:09:00 PM
From: LLCF  Read Replies (2) | Respond to of 363
 
<GmbH>

Yes, don't think there is a Gmgh... ha ha.. had a couple of beers last nite!

<And I don't think it necessarily implies that it is not public.>

I was assuming we were looking for stocks we could buy on the exchange for your fidelity account. I don't think any GmbH is listed on any tier of any stock exchange...since they don't have stock [A in AG]... I may be wrong about this, perhaps there are shares of GmbH's traded... but I believe it is primarily used to limit liability for non AG's. I was an 'optionsheinhandler' not a 'wertpapierhandler' so I haven't read (couldn't with my German skills!) "Wertpapierhandelsgestz" [securities trading act] or any of it's predecessors and wouldn't know if you can buy shares in a GmbH in a public marketplace, what their definition of 'public' is, or if they have anything like the exemptions they have in the states for qualified investors etc. That said I don't think you're going to invest in any GmbH in your Schwab account.

<Incidentally, if it is a really large company, you usually see the abbreviation ''AG" which stands for ''Aktiengesellschaft" and that translates literally to ''Stock corporation". >

Right, which is why if they trade on a 'stock' exchange, they are AG's... Although even the nano-caps I've seen are AG's they don't have to be large because I was following companies with stock.

DAK