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Biotech / Medical : Novartis

NVS 126.69

+1.0%

3:18 PM EST

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To: Tom Wilkes who wrote (94)	11/5/1997 6:20:00 PM
From: Sonki	Read Replies (1) of 296

read the last paragpah. re: sap techstocks.com summary of the article: all companies are expensive(pe to growth) somewhere down the line it may be something.... orcl check growth/pe vs all others. orcl : database Nick sees fast growth for Front Office Automation companies Package Application Software is one area he finds interesting. Package Application Software will basically automate huge pieces of a company. It can manage inventories, relate to your ledger, and report to accounts receivable/payable for billing. "It's a big market today growing at a rapid rate. It is one of the most important things going on in technology today and it is a long term theme," says Nick. Some of the companies involved in this sector are SAP, Oracle, PeopleSoft, Baan and J.D. Edwards. "They're very expensive stocks but they are involved in one of the powerful things in technology right now and they are a long term theme," he says.

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