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


To: Sueponine who wrote (793)4/27/1998 1:35:00 PM
From: Birdman  Respond to of 3424
 
Most current UPDATE on ADR CALCULATION. I spoke with TRA-PR firm for SAP and I sent an Email to SAP Investor Relations Rep in Germany. Result: The ADR is based on the preference stock SAP3--NOT SAG3.

In order to calculate the fair market of the ADR, Find the realtime quote on exchange.de
Next, determine the currency exchange from finance.yahoo.co.uk;
Finally, divide by 3(there are 3 ADR's per Preference share.)
Today at 1:30 New York, the fair market value of the ADR = $157.57.