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


To: JJ who wrote (764)4/22/1998 1:56:00 PM
From: James Connolly  Respond to of 3424
 
Competitors not doing as well as SAP.....

"Enterprise software firm Baan Co. (Nasdaq: BAANF) dropped $5 3/4 to $47 5/8 after reporting fiscal Q1 EPS of $0.01 versus $0.06 a year ago, missing the First Call mean estimate of $0.11. Net income slid 81% to $2.4 million in the quarter, which was due in part to a $71 million increase in deferred revenues to comply with new accounting guidelines relating to revenue recognition, the company said"

"Business software developer PeopleSoft Inc. (Nasdaq: PSFT) slumped $2 3/4 to $53 3/16 after reporting Q1 EPS of $0.13 compared to $0.07 a year ago, beating the Street estimate by a penny. However, Prudential Securities downgraded the stock to "hold" from "buy."

fool.com

Regards
JC.