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Strategies & Market Trends : Closed End Global and Country Funds -- Ignore unavailable to you. Want to Upgrade?


To: Shoe who wrote (237)3/11/1998 3:06:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 289
 
Shoe: Are you up late or in the Pacific somewhere?

If TPI is at a 75% premium I would underweight it to the degree that I wouldn't go long at all.

I calculate premiums on ADR's simply - I hope correctly - in my Excel spreadsheet which receives real-time market prices through PC Quote. The daily local price * the currency ratio * the ADR ratio.

I usually get the ADR ratio from bankofny.com

Peter