SAP A.G. Message Board - Msg: 5379580

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Technology Stocks : SAP A.G.

SAP 235.42

-1.2%

9:40 AM EST

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To: Andrew N. Cothran who wrote (1903)	7/31/1998 6:22:00 PM
From: Warren Gates	Read Replies (2) of 3424

FEARLESS FORECAST FOR MONDAY ... All systems go ... fundamentally, one of 2 emerging hot growth areas (other being Internet/telecom) needing a gorilla company for fund managers to park their money for the next 5 years. Technically, the downtrend from the June highs of 227 to 198 provided for enough selling to get out of the way ... this has provided a good leg for the move up to 240 ... we should not become overbought until the 280-300 level (70's post split). Monday may go to the 65 level with follow through the next 2 days, before some drift back to the low 60's. Unless, some impatient fund managers get trigger happy and load up hoping for the momentum players to join the party ... Should be an interesting day. Long at 35, 40, 45, 50, 60.

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