Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ibexx who wrote (767)	4/22/1998 10:52:00 PM
From: lbs	Read Replies (1) \| Respond to of 3424

Slightly off topic. Ibexx, I would love your opinion about NEON. I think you should be interested in them. They just beat their earnings estimate by 100%( the have beaten estimates for the last few quarters in a row), and have partnerships with SAP, PeopleSoft, and IBM. They provide middleware which offers automated application integration(instead of custom coding) for the messaging and the implementation of ERPs in heterogeneous environments. I think a company like NEON is a proxy for the growth of this industry since they have so many partnerships(real partnerships). I don't know how to value companies in this space. I bought Neon at 10 and 13. It closed at 28, before earnings were announced. What do you think is fair value for a company like SAP and Neon. How high a PE/Growth ratio is fair for companies growing over 150% a year. I am worried about the height of the market, but don't want to miss out on ERP and Middleware. I think this industry is going to grow for years. Thanks for your thoughts, Dan