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Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (3324)10/13/1999 12:42:00 PM
From: Edwarda  Respond to of 3424
 
This is very bad news for the company, especially in light of negative news coming out of PSFT as well. License revenues must be lousy; my best guess is down at least 25% from last year. What is especially unnerving is that the company has stuck to its full-year forecast of 20-25% revenue growth right up until now, then bang! Down to 15-20% revenue growth and lower margins. And no more info until the earnings release on the 20th.

Keep in mind, however, that mySAP.com was only introduced last month and will be rolling out gradually.