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To: Ibexx who wrote (65133)	9/20/1998 4:40:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 186894

Ibex - Re: " AMD is not included in ML's list of high-tech luminaries?--oh how could you, Tom!" Maybe Merrill's management has stopped listening to Kurlak's weekly flip-flop opinions. How could they recommend a company that Tom may reverse himself on and start trashing tomorrow? Paul

To: Ibexx who wrote (65133)	9/20/1998 9:45:00 PM
From: VICTORIA GATE, MD	Respond to of 186894

Ibexx To: Michelle Harris (66316 ) From: Neville H. J. Gorman Sunday, Sep 20 1998 8:57PM ET Reply # of 66345 <OT> Hi Michelle! Doesn't look like SAP fallout. CEO Henning Kagermann today announced that revenues / earnings will be in line with past guidance: Revenues +40% / earnings +30-35%. He believes that the recent slump in the stock price can only be attributed to current market conditions. Furthermore Kagermann noted that SAP would have issued an earnings warning if business had become worse than expected. yahoo.de. (sorry - it's in German) Hope this helps, Neville Next Previous