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To: Umnik who wrote (452)2/12/1998 11:13:00 AM
From: Labrador  Read Replies (2) | Respond to of 3424
 
((price of SAG3 in Germany) / (price of Deutsche Mark vs USD))/3

Forgetting about the currency conversion for a moment, are we saying that a U.S. ADR is 3 times the price of the SAG3 or 1/3 the price of SAG3.

(I am confused by the 2 division signs)