SAP A.G. Message Board - Msg: 5664423

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Technology Stocks : SAP A.G.

SAP 251.75

-0.1%

Nov 10 3:59 PM EST

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To: Hot Diggoty who wrote (2452)	9/3/1998 2:14:00 PM
From: Jay8088	Read Replies (2) of 3424

Even if the events do not unfold as Elliott wavers predict, I believe this is a very bad time to hold a high p/e stocks with high expectations built in. There are too many uncertainties going forward. Global currency collapse, Asia in deflation, Russian reform( well.. a resemblance of it) in death watch, bank stocks collapsing, Clinton under fire, and terribly speculative summer we just had, and finally the fact that we ARE in a BEAR market! I think it would be prudent to step aside for awhile until the dust storm settles. At least buy puts to hedge your equity positions!

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