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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Taro who wrote (2460)1/20/2007 10:14:14 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 20435
 
In their home countries Corporations often do not split stock.

Hoffman LaRoche is an example I think.

So you might have a stock traded in Sweden at the equivalent of $100, $500, $1,000 a share but the U.S. ADR is traded at a fraction of the Sweden issue.

I believe you have to look at the ADR and see how many shares of ERIC it's converted into to get the apples to apples comparison.


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