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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: Serge Collins who wrote (7995)11/26/1998 3:58:00 PM
From: Chris Stovin  Read Replies (2) | Respond to of 18016
 
<<Trader Bob: You can buy and sell Newbridge on either side of the border, it's called arbitrage; however, it depends on your broker whether they will let you do so. Some brokers do not allow you to buy a Canadian stock on a U.S. exchange if the same stock is listed in Canada.>>

Bob, assuming you are dealing with one broker and given the above, are your NN and NNC shares listed as separate items in your portfolio statement as provided by your broker? (Actually the more I think about it, they probably would be listed by currency..CDN and US.)

I guess trading in both markets means FX risk which makes things interesting.

Chris