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Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (453)2/13/1998 12:35:00 AM
From: Ray Rueb  Respond to of 3424
 
Correct formula for VALUE of SAPHY:

Yes:
((price of SAG3 in Germany) / (price of Deutsche Mark vs USD))/3
is correct,

but
((price of SAG3 in Germany) * (price of USD vs Deutsche Mark))/3
is probably clearer.

Sorry for the confusion, that's what I get for doing Math at 3:00AM



To: Labrador who wrote (453)2/13/1998 10:21:00 AM
From: Umnik  Read Replies (1) | Respond to of 3424
 
Bob,

SAPHY is 1/3 of SAG3. To reiterate, take SAG3 price, divide it by currency ratio of DM to US (recently 1.819), then divide the results by 3. That will get you a fairly close price of SAPHY. Of course, you can always look it up on stock quoting sites such as quote.yahoo.com. During trading hours it will show the BID/ASK on their detail display.

HTH,
Umnik


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