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Technology Stocks : SAP A.G.
SAP 247.74+0.9%1:35 PM EST

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To: Kalyanaraman who wrote (354)1/29/1998 8:57:00 PM
From: Ibexx  Read Replies (1) of 3424
 
Hi Kaly,

Welcome aboard!

To answer your question, 1 share of the ADR (namely SAPHY) is worth 1/3 of the preferred share of SAP traded on Frankfurt exchange.
Now you do the math.:-)

Regards,
Ibexx

PS: You forgot to mention that R/3 is--and has been--y2k compliant.
The much touted y2k niche companies might not serve their purposes if small and medium size companies install SAP's simplified R/3 packages.
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