Try this. Anyways string manipulation is slow in sql.
Code:
DECLARE @var VARCHAR(100)
SET @var = '38703*412*11*AA*'
SELECT Left(Left(@var, 5) + '/' + Right(Replace(@var, '*', '.'), Len(@var) - 6 ), Len(@var) - 1)
Hope that helps.
Cheers.
_________________________
- Vijay G
Strive for Perfection