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Technology Stocks : SAP A.G.
SAP 245.47+0.7%3:59 PM EST

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To: Ibexx who wrote (349)1/29/1998 10:35:00 AM
From: TCGNJ  Read Replies (1) of 3424
 
Ibexx,

Have been traveling a lot and thus neglecting my SI surfing.

I converted the ADR share price to DM, but probably should have used the full share price from the German exchange---628.90 DM. This gives a P/E for 1999 of 38 with a PEG of 1.57.

So, the valuation is rich.

Do you think the 30% EPS growth for 1999 will hold?

Regards,

TCG
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