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Technology Stocks : Oracle Corporation (ORCL)
ORCL 222.43+0.4%3:26 PM EST

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To: Bipin Prasad who wrote (12647)12/3/1999 8:57:00 AM
From: OmertaSoldier  Read Replies (1) of 19080
 
Well, The job report was not bad. hourly earnings rose .01 more than the consensus and non-farm payrolls rose 34,000 more than consensus. We shall see.

This should help orcl today. You have to love this stock:)

SAP says Internet investment paying off
FRANKFURT, Dec 3 (Reuters) - SAP AG Co-Chief Executive Hasso Plattner said in a newspaper interview on Friday that the business-management software producer's investment in making its programmes Internet compatible was paying off.

``We have spent several 100 million euros but we are already getting a return of more than we have spent,' Plattner told Tagesspiegel daily.

He said SAP's Internet initiative, mySAP.com, had new contracts with Hewlett-Packard (NYSE:HWP - news), Visteon (NYSE:F - news) and Delta Airlines (NYSE:DAL - news).

SAP expected more than 50 percent of its new sales in the coming year to come from its online products, Plattner said.

SAP has invested heavily in making its programmes Internet compatible but its shares have performed sluggishly this year amid concerns that the group was later to the market with these online products than rivals such as Oracle (NasdaqNM:ORCL - news).
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