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Technology Stocks : SAP A.G.
SAP 241.69-0.1%3:59 PM EST

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To: Amsterdam who wrote (2201)8/10/1998 9:27:00 AM
From: BI*RI  Read Replies (2) of 3424
 
News from your Namesake:


AMSTERDAM, Aug 10 (Reuters) - Mees Pierson said on Monday it had downgraded German software company SAP (quote from Yahoo! UK & Ireland: SAPG.F) to Hold and reiterated its Buy recommendation for competitor Baan (BAAN.AS).

In a research note, Mees Pierson said underlying market conditions for the sector remained healthy.

''On both absolute and relative valuation measures, (there is) significant upward potential for Baan. SAP looks fairly valued,'' it said.
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