Archived posting to the Leica Users Group, 2000/01/21

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Subject: Re: RE: [Leica] Something BIG is happening/ot sort of
From: "Bill Larsen" <ohlen@lightspeed.net>
Date: Fri, 21 Jan 2000 16:47:13 -0000

Gaifana writes:



|
|That's not true. A lot of German corporations refuse to trade American-style
|transparency for the ability to trade on the U.S. market. The standards for
|trading stocks publicly in Germany are quite low compared to ours. Or so says
|my Bavarian friend working at Andersen Consulting in Munich.


I am not sure that the standards are less, they are just different,  The
accepted accounting methods and disclosure rules are quite different from
those on the NY Stock Exchange.  Goodwill and management assets are evaluated
differently.  Disclosure is quite different.  I don't invest directly in
European stocks because I don't choose to learn new accounting methods.  I
have enough problems with those approved by the NYSE and even that doesn't
alway help.

I have pretty much been ignoring this thread, so I haven't really researched
the price and volume changes as compared to the DAX.  Suffice it to say that a
stock price increase without any hard news may or may not mean something.

Too good of weather here to spend a lot of time speculating on what is
happening when one could be taking advantage of available light.

Regards, Bill