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To: Lynn who wrote (55862)9/28/2007 9:34:52 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
To be more precise, a lot of Swiss financial institutions won't deal with Americans for legal reasons I never dug into much. I had a Zurich account years ago when I worked with someone there but I couldn't open that account today (and don't even know if it's still open LOL).

Buying Swiss ADRs is fine, and you can probably buy Swiss stocks on other exchanges if Citi will do it.



To: Lynn who wrote (55862)9/28/2007 10:02:11 AM
From: SpekulatiusRead Replies (2) | Respond to of 118717
 
You can buy almost anything in the equivalent of the BB at the German stock exchange. I still have a brokerage account in Germany and every once in a while I use it as a vehicle to buy foreign stocks.

With an Interactive Brokerage account it's no big deal to buy stocks directly at the Swiss exchange (SWX)

FWIW the ADR symbol for LVMH is: LVMUY.PK

LVMH's Swatch groups PE appears to be around 20, Richemonds around 30.


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