PSFT - Fiscal 1998 - Discussion for the next year Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

PSFT 0.0001000

0.0%

Oct 29 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lutz Moeller who wrote (4085)	1/5/1999 10:35:00 AM
From: Jay Rommel	Read Replies (3) of 4509

From Briefing 08:57 ET SAP AG (SAP) 34 9/16: Shares of world's largest business software maker fell sharply in European trading and are indicated 3 pts lower in the NYSE after company reported that 1998 pretax profits rose 15%, "significantly" less than it expected. Company cites weak sales in Japan and Russia for the disappointing results. Oracle (ORCL) shares indicated 1/2 lower in pre-market. There should be more of this next qtr. with SAP's aggressive price cutting ... Also, Deutsche Bank downgrades SAP from Neutral to Underperform This is pretty major!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next