PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: Melissa McAuliffe who wrote (411)	4/8/1998 8:06:00 PM
From: Raptor	Read Replies (1) of 4509

Melissa ... more stuff about SAP ... They have changed stock symbol to 'SAP' in Germany and will list on NYSE as 'SAP' come August this year. Looks like investors here will be buying instruments (ADR's????) which will be like 1/12 a share in Germany. Current OTC trading in SAPHY is 1/3 to 1 share. If anyone is interested, there is a detailed article on SAP site wherein they describe the impacts of accounting changes due to US GAAP. They re-stated financials for 1996 and 1997. It will be interesting to compare PSFT and SAP now that revenue recognition, etc. sounds like it will be on similar grounds. Here you go: sap.com

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