From http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7792138: Fuji Heavy Up, CSFB Starts Coverage with Outperform

Subaru car maker Fuji Heavy Industries Ltd. up 3.4 percent at 512 yen, the second-best percentage gainer in the transport equipment sector, after Credit Suisse First Boston initiated coverage of the company with an "outperform" rating and a target price of 630 yen.

The investment bank forecast the current business year to March 31 will mark the bottom for Fuji Heavy's earnings and will be followed by a gentle recovery from the second half of fiscal 2005/06, helped by the launch of the new B9 Tribeca sports utility vehicle this summer, analyst Koji Endo said in a note dated on Wednesday.It's notable that the Tribeca is cited by CSFB's analyst as a reason for optimism about FHI's prospects. It appears that FHI had closed at 495 yen the day before CSFB issued its report. So CSFB was predicting FHI's share price would rise 27%, to 630 yen. That'd be a nice bump.

I wanted to invest in FHI in the late 90's, but it was too expensive a process to do.

Good for them.

It was up near 600 within the past 6 months.

I wanted to invest in FHI in the late 90's, but it was too expensive a process to do.

Good for them.
Why is the process too expensive. Its really easy to buy their stock through bundles.

bundles? How exactly would you buy the stock?

Why is the process too expensive. Its really easy to buy their stock through bundles.I believe he's talking about American Depository Receipts (ADRs). A US bank buys a "bundle" of a foreign company's stock and then sells ADRs on an American stock exchange with that stock as security. I believe FHI ADRs are traded OverThe Counter under the symbol FUJHY. See:
http://www.adrbny.com/dr_profile.jsp?cusip=359556206

']I believe he's talking about American Depository Receipts (ADRs). A US bank buys a "bundle" of a foreign company's stock and then sells ADRs on an American stock exchange with that stock as security. I believe FHI ADRs are traded OverThe Counter under the symbol FUJHY. See:
http://www.adrbny.com/dr_profile.jsp?cusip=359556206
Exactly, sorry I wasn't more descriptive. Right now FUJHY is trading at $48.00. I believe there are 10 shares in a bundle. So its $4.80 per share.

Wow, that's great, I'll keep that in mind, and that'a good price too! I wonder how the chart is, had I bought in 99 how would I be doing now. My then SmithBarney broker said, I'd have had to do an international buy which would tagged on all kinds of extra costs and so I backed off of it. Oh well, thanks for the new info guys, I appreciate it.