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ICH HOFFE IHR SEIT ALLE SHORT DENN HIER KOEMMT DIE BOMBE! Bear Stearns initiated coverage on the stock with a sell rating. German business software company SAP (SAP:NYSE ADR - news - commentary - research) was down 6% in preopen Instinet trading after Bear Stearns initiated coverage on the stock with a sell rating. In a research note to investors, Bear Stearns said SAP should be more realistically valued at $22. Friday`s closing price was $29.25. SAP faces increased risk as it shifts its business model to a reliance on new products, the note said, adding that a delayed impact from the current economic slowdown could be felt in second-half results. The note also said questions remain about SAP`s recent financial results. A "very weak first half of 2000" makes comparisons with 2001 results seem stronger than they actually are, Bear Stearns said. http://www.thestreet.com/_yahoo/markets/techmovers/10000902.… |
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| aus der Diskussion: | BETEILIGUNG AN COMMERCE 1 -34% SEIT DEM KAUF! ODER -$148,864,744.38 |
| Autor (Datum des Eintrages): | Toppgun (10.09.01 23:32:14) |
| Beitrag: | 29 von 36 (ID:4394266) |
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