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Technology Stocks : SAP A.G.
SAP 199.70+1.2%Feb 4 3:59 PM EST

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To: nnillionaire who wrote (708)4/17/1998 11:07:00 AM
From: organicgerry  Read Replies (2) of 3424
 
Friday Morning Bid 165 Ask 168. Looks like we're back on the upward trend.

SAP dominates its category and I see little competitive threat to challenge this. As more companys automate and implement enterprise-wide IS solutions they will turn to SAP.

This reminds me of buying Microsoft a few years ago; SAP has a product with high gross margins that will become a necessary purchase for businesses who want to "stay in the game."

Current P/E and stock price seem high, but in a few years I think SAP will be much higher.
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