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

To: Hot Diggoty who wrote (1966)	8/2/1998 9:05:00 PM
From: Mike K	Respond to of 3424

News posted from J.P. Morgan website! Cheers, Mike SAP Plans To Double U.S. Mkt Shr To About 60% - Newspaper FRANKFURT (Dow Jones)--Germany's largest software maker SAP AG (G.SAG) plans to double its U.S. market share in standard accounting software to around 60%, said SAP Chairman Henning Kagermann, in an interview with Saturday's edition of German financial daily Boersen-Zeitung. The software maker will be listed on the New York Stock Exchange Aug. 3. At present, 21% of SAP's freely floated stock is in the hands of U.S. investors, the newspaper said. Kagermann wouldn't reveal in the interview by how much SAP plans to increase this percentage in the NYSE listing. (END) DOW JONES NEWS 08-02-98 09:13 AM