SAP A.G. Message Board - Msg: 5374616

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Technology Stocks : SAP A.G.

SAP 241.63

+0.7%

Nov 28 12:59 PM EST

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To: Just_Observing who wrote (1868)	7/31/1998 11:56:00 AM
From: Ibexx	Read Replies (1) of 3424

Being the sector's undisputed leader commands a hefty (strategic) premium which many (unsophisticated) investors fail to factor in when evaluating a stock. Just look at CSCO and MSFT. If you play bridge, you would know that Goren allows a very large premium if a hand has all the honors (ace, king, queen and jack), partial premiums (still significant) if there are only 3 or 2 of such. A simplistic analogy, true, but the same idea. PSFT is a distinct second at best. Just my bias, Ibexx

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