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To: John O'Neill who wrote (3376)8/4/1998 3:03:00 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
Just wanted to prime my US fellow dudes to the NYSE arrival of SAP. I have not seen the news flash, no, but few tidbits from this side of the ocean

a) SAP is #3 in market cap in Germany(!), after Allianz and Dt Telecom, before Daimler, VW, Siemens etc etc

b) 25% of their Revenues come from US

c) The ADRs will help SAP keep their manpower in US through stock options (in chess you would see a nice ! or !! after this move)

d) The management sticks to their forcast of 30-40% profit growth in this fiscal year.

e) at 59 5/16 or whatever the close was respectable in view of the bear environment.

DJ

PS: Juri, yer ADPT pains are over, am I right? Glad