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Technology Stocks : SAP A.G.
SAP 244.83-1.0%Dec 12 9:30 AM EST

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To: Warren Gates who wrote (1254)7/9/1998 12:06:00 AM
From: allencar   of 3424
 
I think the price may go up with the NYSE listing because it will bring exposure and readily available pricing. Mercedes did not get a boast with their listing, but everybody already knew about Mercedes. SAP is different because most people have never heard of SAP.

Long term this company's growth is high. A lot of large companies are converting to SAP and will be loyal customers because of the high cost to change. The company I work for is spending $500 million (total) to convert to SAP from a very old system that was not Y2K compliant. They are only spending this money because the system they have would not work in 2 years. They will never change after this and will probably spend a large ongoing amount with the tech service at SAP and upgrades.

I also read that SAP is modifying their product for the banking industry. Since the banking industry is looking for ways to cut costs, can you think of a better way for a bank to cut transaction costs than to be using the same program that the customer uses for their billings and accounts receivables.

I have also found that the only place to get good pricing is from the sites in Germany. I have placed both limit and market orders for SAPHY with E-Trade and Fidelity Brokerage. The limit order got filled during the market crash in October, it was the best buy I ever made.
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