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


To: Ibexx who wrote (2572)9/17/1998 11:19:00 PM
From: Ray Rueb  Respond to of 3424
 
Arbitrage question...

SAG3 close of 830 indicates a price of 40 5/8 and we closed at 41 3/16.
That is a difference of 1.4%

I think that is (830 DM/SAG3 * .5875 $/DM ) / 12 SAP/SAG3 = 40.63

Does SAP ADR in the US frequently show this magnitude of difference
to the SAG3 price in Germany?

Just curious if anyone has been tracking this sort of thing,
as I think it might be an indicator of future price moves.

Any comments?

Ray



To: Ibexx who wrote (2572)9/17/1998 11:26:00 PM
From: Caroline  Respond to of 3424
 
I don't think it was Charlie Rose, but I have seen him.

He's got a monkey head.

As they get older many men get this reversion to Darwinian monkey features. Larry's got that in his youth.

Short & Happy,

CB