SAP A.G. Message Board - Msg: 6385918

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Technology Stocks : SAP A.G.

SAP 243.72

+1.0%

9:33 AM EST

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To: Ibexx who wrote (2782)	11/11/1998 11:28:00 PM
From: Eugene Goodman	Read Replies (2) of 3424

I was reviewing what I should do about SAP- buy more, hold or dump them. My broker gave me a S & P assessment. It said that on 12/31/97 institutions held 2% of the stock. I checked again with S & P who said that this was a also correct in October 1998. This is unbelievable. But if true it would answer a lot of questions about the stock. Can someone verify or correct this. I checked with freeedgar.com but couldn't find anything about institutional holdings. But a a reminder, the three founders plus two non-profit foundations controlled by two of them own about 65 % of the stock. Wow! I did not read the SEC filings carefully- they are sophorific, but I did not find anything about distribution of stock options to their senior people - how can they hire good senior people without them. Baan also had a foundation that was involved in sales and collection of royalties. Gene

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