| I don't really have an answer to your question, but I can quote what
some of the HP executives said when HP stock started trading in Paris
(and London too? Or was that Luxembourg?) a couple of months ago: they
declared that they were doing this to increase the visibility of their
company in fast growing non-US markets, to make sure they'd be able to
borrow some money in these countries should the need to arise, and
finally to help their company lose its image as 'US only company' at a
time where a European conscience is emerging.
In other words, they wanted to make more sales in France: their
strategy has been in 1989 an incredible smashing success; predictions
disclosed last week by the guy running HP in France are that HP will
grow 35% in 1989, IBM will grow 10%, Bull will grow 10% and DEC will
grow 15%.
I guess DEC stock isn't traded in various European stock exchanges
because there hasn't been a need for it so far. Now, if sales hit a
wall in Europe like they did in the US, I wouldn't be surprised to see
DEC make all efforts to become publicly traded in a variety of European
stock exchanges. Call it a giant public relation effort.
Regards,
Denis.
|
| The previous note stated that HP grew 35% in France last year. That's
all very well, but I want to point out that the companies cited for
comparison are already established in France and are much larger.
Bull, for instance, IS a French company and always has been.
|
| Speculation about why Digital stock is or is not traded on any
particular stock exchange is not, in the opinion of this
moderator, an appropriate topic for this conference. There
are two reasons for this.
First, the matter of which stock exchanges trade Digital's stock
is, at best, marginally related to "The Way We Work at Digital",
which is the topic of this conference. (I would be happy to
receive MAIL from anyone who has a compelling argument for why it
is germane.)
Second, there is an entire conference at SUBWAY::INVESTING that's
related to issues around stocks, stock markets, and the like. It's
possible (even likely) that the question has been asked there, and
it's even possible that a factual answer has been provided.
Speculation relating to stocks and stock markets is, in any case,
a sensitive topic, and in the opinion of this moderator, not
appropriate to this conference.
For these reasons, I have write-locked this topic. If someone has
a factual answer to the question posed in the topic note, I would
be happy to unlock the topic to allow posting the answer, for the
enlightenment of us all. Unless someone can convince me that the
topic is relevant to this conference, however, discussion of
stocks and markets belongs in SUBWAY::INVESTING.
Tom
|
| According the the 1989 Annual report the Companies stock is
listed and traded on the:
Midwest Stock Exchange
New York Stock Exchange
Pacific Stock Exchange
In Europe:
Swiss Stock Exchanges of Zurich, Geneva, and Basel
German Stock Exchanges of Frankfort, Munich, and Berlin
Unlisted trading privileges have been granted by the:
Boston Stock Exchange
Cincinnati Stock Exchange
Philadelphia Stock Exchange
Luxembourg Stock Exchange
|