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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (1321)	4/29/1998 4:14:00 PM
From: campe	Respond to of 25711

It didn't go public. They do have two subsidiaries in the Far East that trade on the NYSE (AAP and AJL). In order to do business in the Orient, they had to allow "local" ownership, hence the IPO. If I recall, AAP is only 10% public, the rest owned by the parent corp.

To: MeDroogies who wrote (1321)	4/29/1998 4:15:00 PM
From: Joe Copia	Read Replies (2) \| Respond to of 25711

since when did AMWAY go public? I was under the impression they would NEVER go public. Good question. check out AAP AAP - AMWAY ASIA PACIFIC LTD Exchange: NYSE comp Last Price: 15 1/8 at 15:37 Change: Up 3/8 (+2.54%) High: 15 5/8 at 14:56 Low: 14 3/8 at 9:52 Open: 14 11/16 Previous Close: 14 3/4 on 4/28 Volume: 52,100 30-Day Avg. Volume: 90,000 Shares Outstanding: 56,442,000 52-Week High: 48 52-Week Low: 12.93 Beta: Not Available Yield: 6.00% P/E Ratio: 13.8 EPS: 1.10 Amway here may never go public, but their asian counter-part is. GNII is international and went public. Maybe you are reading to much into the title? Joe PTG&LI !!!