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

To: detlef gerlach who wrote (1814)	7/29/1998 1:12:00 PM
From: sillen	Respond to of 3424

The EMU is good thing for EU if the conversion is done properly and a timely manner. The problem is that countries in the EU have to meet certain debt requirements in order to be allowed into the EMU. I don't remember the exact figure now, last I heard only a few countries were able to meet these requirements. So if healthy nations like Germany enters the EMU they might have to support less healthy nation creating a negative impact on economic growth. That is not to say that SAP will go down; maybe in a general downturn of the German market but not as much as some other countries. Remember, SAP is one of the best positioned companies to make money from the conversion to the Euro. Although I don't think SAP will move to the U.S taxes can be the determining factor to do so. Look at Ericsson which basically told the Swedish government to lower its corporate taxes or loose one of Sweden's oldest and wealthiest companies. Later Sillen

To: detlef gerlach who wrote (1814)	7/29/1998 1:47:00 PM
From: mauser96	Respond to of 3424

Such negative poll numbers would kill it in the USA. The Europeans operate under a Parliamentary system which gives the ruling party very strong powers. Perhaps it isn't a gut issue in Europe. I have found that the public is usually right in issues that they can understand, but a complex issue like EMU where even the experts (even if they are college professors, usually the ones I would trust least) disagree is another matter. Countries like Italy could use some teutonic discipline, and Germany needs to kept away from nationalism. IMHO, anything that reduces the risks of another WW1 or WW2 is worth a try. As before, the US would be dragged into it with catastrophic results. Lots of Americans as well as Europeans died in these wars, and I don't want it to happen to my grandchildren. Rich countries with powerful cross border ties are unlikely to fight each other.