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

To: Ray Rueb who wrote (2644)	11/2/1998 11:35:00 AM
From: Ray Rueb	Respond to of 3424

RE: I'm still bearish on SAP stock price OK, when I posted this SAP was at 32 and dropped to 29 1/2 a few days later. << 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. >> Now with the price at 42 it looks like the better trading strategy would have been to double down at 32 and buy back my old SAP position. I love hindsight. I feel less cautious, and I wouldn't short SAP right now. I'm still concerned about the general market in Germany. Anyone care to predict SAP share price by the end of the year? Good luck to all, Ray