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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: tero kuittinen who wrote (4927)5/19/2000 7:22:00 PM
From: A.L. Reagan  Read Replies (1) | Respond to of 34857
 
Tero, or anyone else, is NOK on Helsinki denominated in euros? Trying to understand interplay between strong dollar/weak euro (or local currency)and our U.S. prices.

With ADR's used to be some semblance of price arbitrage (so if say U.S. markets were irrationally exuberant or deposndent there was at least some countervailing pressure). Wonder if there's any way to do a relative price comparison chart of NOK between $USD and how denominated in Helsinki in order to better understand the currency interplay.

I understand that NOK is no longer technically an ADR.

Is there a data source one can look at the float and see how many shares of NOK are outstanding at the various exchanges around the world where it is traded (to get an idea of the relative effects of currency fluctuations on a security traded in multiple currencies).

With U.S. Fed in continued tightening mode, and U.S. Gov't securities viewed as a worldwide safe haven, euro and other currencies may see more battering. Is this a bad sign for U.S. shares of (mainly) European companies?
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Hope that a pure Nokia question isn't OT here on the NOK vs. QCOM vs. IDCC vs. ERICY thread. <g>