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Technology Stocks : Intel Corporation (INTC)

INTC 40.78

+0.7%

Dec 10 3:59 PM EST

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To: L. Adam Latham who wrote (28381)	8/5/1997 4:12:00 PM
From: Ibexx	of 186894

L. Adam, SAP is the world's 4th largest software company and Germany's No.1. Its market cap and annual turnovers (German term for revenue) is greater than that of Oracle's. Yet, it is underpriced because of its foreign origin. Comparable US start-up enterprise companies such as Siebel and BAAN (all recent rages) are now traded at P/E well over 120, yet SAP's P/E is still in mid-20s despite a >50% annual growth rate. As you can see, the markets envisioned by SAP and INTC are HUGE! Regards, Ibexx

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