SAP A.G. Message Board - Msg: 5159126

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Technology Stocks : SAP A.G.

SAP 241.97

+0.1%

3:57 PM EST

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To: DownSouth who wrote (1379)	7/10/1998 4:29:00 PM
From: Diver	Read Replies (1) of 3424

From WSJ at the end of their report which was similar to others posted here earlier today (boldface is mine): Analysts remain optimistic for SAP's continued good performance on the stock market. "SAP remains a clear outperformer," said Peter Thilo Hasler at Munich's Vereins- und Westbank. "SAP has continually warned that profit margins would be under pressure this year." However, analysts are waiting until full half-year results are announced on July 20 before possibly reviewing their estimates. "We retain the stock on our recommendation list and would use further weakness to increase positions," Goldman Sachs said in a report on the stock published Friday. Since kicking off 1998 at 591.50 marks, SAP stock has gained 82%, or 483.50 marks, trading at 1075.00 marks Friday. This doubled the 40% gains made by the Xetra DAX, which tracks electronic trading on the Frankfurt Stock Exchange. In 1997, the company's net profit rose to 924 million marks ($505.2 million) from 567 million marks in 1996. Sales rose to 6.02 billion marks from 3.72 billion marks.

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