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


To: Ibexx who wrote (2127)8/6/1998 5:00:00 PM
From: Caroline  Read Replies (1) | Respond to of 3424
 
I don't see it that way. SAP doesn't seem like a good day-trading stock. More like it's tracking Germany, which is tracking the US, which is still correcting. While there are some really nice recoveries starting, the US market still has pretty bad bear brea(d)th, and that's dragging Europe down worse than Asia on some days.

Regards



To: Ibexx who wrote (2127)8/6/1998 5:12:00 PM
From: Umnik  Respond to of 3424
 
Thread, I just got a copy of SAPInfo mag. Towards the back of the mag, there is an article about last May's stockholder meeting. While it has the usual rah-rah (like any stockholder meeting report), there are couple of things that caught my eye:

"... approved a proposal to increase the company's capital stock by DEM 10 million by May 15, 2003. According to Henning Kagermann [co-chair], this move will ensure that SAP "is able to react quickly and flexibly in a fast-moving market".

"... The Executive Board was also empowered to buy back up to ten million shares of the company's common and preferred stock."

"... Approximately 5,000 SAP stockholders attended this year's annual meeting ..."

Umnik.