You hit the nail on the head as to why I have taken such a strong position in SAP. The NYSE listing is going to give it the exposure that it needs to make it move like Cisco and MSFT. As to volatility,a $7 move on a 200 stock is not much, by tech standards. Lets see what it does next month when it is at 60 on the NYSE.
As to other comments on buying Gorillas, you can buy early in the tornado, just don't buy until the leader is established. I also took a bath on Manguistics before I learned to wait. I made money on Seibel, but got out because I realized I could do better right now in Large Cap's that are "momentum" buys, such as CIsco, AOL, Dell and MSFT.
I keep a close watch on the Supply chain and Front office co's, but I think the dominance of SAP will be something to watch. Remember the old line. "Nobody ever got fired for buying IBM!" The same is true of SAP. If you are a systems VP, and you buy one of the other systems, and the company has trouble, you are in trouble, If you buy SAP, and have trouble, you are in a "CYA" position. When you add to this the fact that, even is some of SAP's software is inferior to a smaller co's, SAP's software integrates! |
