SAP A.G. Message Board - Msg: 2826155

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Technology Stocks : SAP A.G.

SAP 236.71

+1.2%

Nov 21 9:30 AM EST

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To: Uncle Mikey who wrote (232)	11/26/1997 7:24:00 PM
From: Andreas Helke	Read Replies (1) of 3424

SAP is a component of the DAX. This is the german equivalent to the Dow Jones index. The DAX consists of the 30 german companies with the highest market cap and trading volume. I don't think that introducing SAP as a regular listing on NASDAQ or NYSE would have that much of an effect to the share price. A major problem of a listing is that the german stock exchanges do not yet accept GAAP accounting. SAP would have to have two sets of books if it wants to be listed on a german and an american exchange. Andreas

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