SAP A.G. Message Board - Msg: 3393824

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Technology Stocks : SAP A.G.

SAP 244.83

-1.0%

Dec 12 9:30 AM EST

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To: Ibexx who wrote (440)	2/10/1998 5:03:00 PM
From: Holger Johannsen	Read Replies (2) of 3424

Just for your information. SAP did not make it into the new Euro STOXX index which features the market leading stocks from the countries participating in the EMU. Siemens was chosen over SAP for a reason I cannot understand. The float of the common shares is too small for a membership in the index. This is IMO a ridiculous reason. SAP'S market cap is much higher than Siemens' and when I take a look at the other companies featured in this index I feel Europe is still in the industrial age. Holger

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