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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (14604)1/5/1999 8:40:00 AM
From: Cynic 2005  Respond to of 86076
 
Heck, that is better than my market calls of late! -g- I am glad it is over. There is no dispute about Tennessee. But Fl State is over-rated.



To: MythMan who wrote (14604)1/5/1999 8:52:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
They tout SAP to be the next Microsoft etc. etc.
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07:23 [SAP] SAP SAID EARNINGS AFFECTED BY REVENUE SHORTFALL $120.86 MLN IN JAPAN.
07:23 [SAP] SAP'S 15% GROWTH WOULD BE BELOW EXPECTATIONS.
07:23 [SAP] SHARES OF SAP MAY MOVE AFTER IT SAID '98 PRETAX EARNINGS WILL RISE 15%.
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The implications of this are big. SAP is an icon of over-spending for marginal gains in business productivity. That tells you more than the cooked-up numbers from Slick's administration. I personally consider performance of SAP stock in times of spending-spree is like that of a bullish analyst in a bull market. You really don't need either of them.
I expect some fireworks in over all market today - on the downside: