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

To: Ray Rueb who wrote (2569)	10/3/1998 12:02:00 PM
From: Ray Rueb	Read Replies (1) \| Respond to of 3424

I'm still bearish on SAP stock price I wrote this when the stock price was 42: << Remember, I love SAP, and I wish I could get a job with them. I am, however, VERY BEARISH ON THE STOCK PRICE for the short term due to the aforementioned risks. I am currently short 75 shares (just to show my conviction). I will go long after earnings have done their thing. >> Please read the whole post: Message 5780942 SAP has just lowered prices. The cycle begins. I closed out my short today at 32; its just too painful for me to see my friends suffer in an over-priced stock in a great company. Plus, the steep recent rise in the DM against the US dollar has saved you all another $2.50/share (ie: the DM rise has masked more of a loss). PEOPLE: Please re-evaluate your positions, or buy some puts as insurance. Good luck to all. I won't be posting here again until I go long. Ray