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


To: Jay8088 who wrote (704)4/16/1998 4:20:00 PM
From: Scott Brooks  Respond to of 3424
 
Jay,

<<Is SAPHY too expensive?>> I don't really know - although I don't think it is "cheap" at present.

My comments were in regards to someone who noted that the stock price was "expensive." My interpretation of his comment was that he thought 160 was too much for a stock, not necessarily SAP, as in " Gee, I can only buy 10 shares." As I indicated earlier, this logic is misplaced as it is the $$ amount invested rather than the # of shares owned. 20% growth on a $1600 is $320 regardless if it is on 10 or 100 underlying shares.

Scott