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To: Sonki who wrote (21055)9/25/1998 12:58:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Hello Sonki. I guess this post was meant for me? gg. Sonki I already bought quite a bit of SAP last Monday at 40. Had a nice ride up and down again. It is still touted in Germany as the Msft of the future. The stock fell from a 57 high in July to under 40 last Friday. The rumor was that there were problems with growth in SAP. The company came out with a statement a cpl of days ago that there was no change in their forecast of 40% sales growth and 30 to 35% earnings growth. Credit Suisse downgraded it yesterday and said that they reduced their sales growth to 45% from 51%. Well, I don't know where they got those figures from. I have not heard the company claim that growth. 40% sounds pretty good to me. BTW, you know this is an ADR. In Germany the stock is valued around 800 Marks right now. More than 400 dollars a share. Fig. it out. 1.70+ dollars to the mark.

Anyhow. You are so right. Pretty good time to get some of those stocks cheap if you can stomach it. I still have not found anything bad about BMY. Just tuck all those Pharmas away.

Have a nice weekend

Sonny

Hm. I should stay on the thread for a while. Market has come back nicely since I have been on. But I do have to get off. Let's hope it does not make a difference. gg.