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


To: Mao II who wrote (3185)4/21/1999 10:06:00 PM
From: Jacob Snyder  Respond to of 3424
 
04/21 05:44 RESEARCH ALERT-SAL. OPPENHEIM UPS SAP<SAPG_p.F> TO "BUY" FROM
HOLD"

FRANKFURT, April 21 (Reuters) - German private bank Sal. Oppenheim said on Wednesday it had raised its recommendation on German software maker SAP AG <SAPG.F> to "buy" from "hold".

The bank said it had upgraded its recommendation after SAP reported better-than-expected first quarter results on Wednesday, with sales up 22 percent to 1.08 billion euros.

COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.