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

To: RGrey who wrote (1607)	7/22/1998 1:50:00 PM
From: Augustus Gloop	Respond to of 3424

I'd say your last post was the best contrarian indicator we could hope for.........load up!

To: RGrey who wrote (1607)	7/22/1998 4:03:00 PM
From: Jay8088	Read Replies (1) \| Respond to of 3424

PSFT stock looks very negative - falling sharply on 4 X daily volume. However, this is due to the management projection of decelerating revenue growth: 1st Q, they were up 80%. 2nd Q, they are up 74%. Next Q, they project 60% and even slower for 4th Q. In fact, for the calendar yr, '98, they project 60% growth. Given that SAP has been regularly clocking in 60% growth - despite their humungous size, you have to figure that PSFT is not going to catch up to SAP, ever! Another big negative news : training and service now form the majority of revenue for PSFT, NOT new software sale. This is a clear sign that PSFT is losing momentum. All in all, this is not a bad news for SAP.