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Technology Stocks : SAP A.G.
SAP 246.56+0.4%Dec 26 9:30 AM EST

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To: Edwarda who wrote (3377)5/10/2000 5:42:00 PM
From: deeno  Read Replies (1) of 3424
 
Although your statement is of course generally true, there were a few developments that did influence specifically, the stock direction. We seemed to soar when the public saw SAP as a serious B to B play. the first leg down was when they downplayed B to B platforms in some tech conference call. Then earnings were not all that hot and mysap.com growth seemed poor. The up and down was accentuated by market direction (especially on the up side with B to B players), but to say nothing much other than the market movemment is not really the case IMHO. For me still a long term holder from before listing but admit the yellow flag is up. Next quarter should set the tone for the rest of the year. Could use a turnaround in US growth and more mysap startups. CEO mentioned (no names) that three "huge" deals were signed for the next quarter. Since he has offered a concrete 3 deals credibility should be easy to measure.
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