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Technology Stocks : SAP A.G.
SAP 237.87-0.2%Nov 25 3:59 PM EST

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To: Umnik who wrote (50)7/10/1997 6:07:00 PM
From: Informatiker   of 3424
 
SAP announced a press release with the exact figures for July 24, 1997. After the event in Okt 96 CEO Mr. Hopp seams to be very careful with his announcements. I think we will see even a positiv surprise on 24th of July. On the other hand SAP did all planned growth in Q1+Q2. I think they will keep on growing in Q3+Q4.

They will perform with an additional burst because they did a real good job with the implementation of the new EURO and the Year2000 solution.

Partners: HP, IBM, Big Six, debis, Siemens Nixdorf, IDS etc.
New deals with: Mercedes-Benz, Volkswagen, Deutsche Post, Rheinmetall, RWE, GM? etc.

75% of their business is international. The calculation for the exchange rate $/DM is planned with 1,45 (actual:1,75). Mr. Hopp said that a high exchange rate will increase the growth. :-))
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