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

To: Informatiker who wrote (2878)	1/5/1999 4:17:00 AM
From: Informatiker	Read Replies (1) \| Respond to of 3424

SAP: Results behind expectations SAP AG remained the rise of the vat result in the financial year 1998 with approximately 15 per cent (before consideration of the coworker bonus program STAR) far behind expectations. The executive committee attributes this in a Ad-hoc-message of Tuesday to a strong failure of the Japan business, which accelerated itself unexpectedly in the fourth quarter 1998. Thus the result in the fourth quarter was loaded around approximately 200 millions by software losses of turnover in Japan. 1998-revenues up 40%. regards, Heinz