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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Michael P. Michaud who wrote (1311)	1/31/1998 12:24:00 PM
From: Ibexx	Read Replies (2) \| Respond to of 21876

Michael, SAP is currently traded as an ADR (symbol: SAPHY) on OTC. This is mainly because of its (German) accounting practices that do not meet the criteria of the big board or Naz. But, as you said, all will change in August when SAP is scheduled to be traded on the NYSE. I bought my first lot of SAPHY in May 1997 at $53, and it's been going almost straight up ever since. Regret I didn't mortgage the farm or kids. :-) SAP's current OTC tradiding status DOES NOT reflect the quality of this stock, as many great foreign companies are exactly in the same boat. (ie. Siemans AG, etc.) because of accounting rules. Regards, Ibexx