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Technology Stocks : SAP A.G.
SAP 244.86-1.0%Dec 12 3:59 PM EST

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To: ftmp who wrote (2915)1/15/1999 4:07:00 PM
From: Jay Rommel  Read Replies (2) of 3424
 
Case in point

quote.yahoo.com

BTW
Signs of Spring for the Business-Software Sector
fnews.yahoo.com

<snip> Then just as quickly, enterprise stocks plunged in the second half of the year as their core market for office-automation software slowed dramatically. In the rush to install Y2K-compliant software early on in 1998, companies had little to spend on enterprise software as the year wore on. PeopleSoft lost more than two-thirds of its value from its April high of 55, while SAP dropped to half its July high of 62 <snip>

Pilgrim Baxter fund manager Michael Hahn agrees, saying that he has no exposure in that sector now. "I think that area will be slow for a while," he says.

I think we already know that ;-)

Also

SAP Says Intel Commerce Joint Venture Losing Money

dailynews.yahoo.com
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