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Technology Stocks : SAP A.G.
SAP 247.13+0.7%Dec 5 3:59 PM EST
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To: Melissa McAuliffe who wrote (3018)4/22/1999 11:04:00 AM
From: jon iliz  Read Replies (1) of 3424
 
I remember you were concerned about revenues not conforming to US GAAP rules where SAP's numbers would be inflated in an exaggerated way (like what happened to BAAN). It looks like your concern has the reverse effect. Message 7575511

SAP said first quarter sales were 22 percent higher at 1.08 billion euros according to U.S. GAAP standards. Analysts said that, according to German GAAP, the sales increase was only 20 percent and that pre-tax profit was 17 percent lower.

Of course, BAAN being in Holland is a different story.
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