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Technology Stocks : SAP A.G.
SAP 247.11+2.5%Jan 9 9:30 AM EST

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To: John Chen who wrote (3326)10/20/1999 6:54:00 AM
From: Box-By-The-Riviera™  Read Replies (1) of 3424
 
Wednesday October 20, 6:22 am Eastern Time

SAP-'99 return on sales to drop several pct points

MUNICH, Oct 20 (Reuters) - SAP AG said on Wednesday that it expects its pre-tax return on sales this year to fall by several
percentage points.

``The pre-tax profitability will fall by several percentage points,' SAP co-Chief Executive Henning Kagermann told a news
conference.

The main reason for the expected decline is the business management software maker's heavy investment in its mySAP.com
Internet strategy.
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