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


To: Mark Brophy who wrote (2984)1/28/1999 10:24:00 PM
From: Patriarch  Read Replies (2) | Respond to of 3424
 
From Forbes: Paradise lost

Earnings growth at the German software titan SAP isn't what it used to be. Are we seeing a little market saturation—or symptoms of far deeper problems? <i/>

forbes.com



To: Mark Brophy who wrote (2984)1/29/1999 4:43:00 AM
From: robin 187  Read Replies (1) | Respond to of 3424
 
I bought into SAP on earnings day Tuesday morning and it was up 4 points that day. It opened down the next and has been drifting down since. I've been following time and sales for the last couple of days and there's been alot of large block trades that have gone off at the ask. Yesterday alone there were 2 blocks of 100K go off at the ask. There were 537K total of blocks over 10K that went off at the ask vs. 105 K on the bid. There hasn't been alot of volume on the options so that would appear as if noone is selling them under pressure. Perhaps anyone with more experience in interpreting these things could offer some insight. When I look at this, I get a positive impression, however, the stock doesn't seem to be reflecting it at this point. Is this just profit taking after the earnings report?

Also, does anyone have a link that can show trading oversea's before the bell here in the U.S. These ADR's can either gap up or down because of trading overseas...

Thanks
Robin



To: Mark Brophy who wrote (2984)1/29/1999 9:38:00 AM
From: Jay Rommel  Read Replies (1) | Respond to of 3424
 
Well, PSFT is -3 1/4 and SAP is trading down.
However, SAP has a very strong base at 29.
If it ever go below that, I might be willing to pick
some up and ride the storm.