Untersuchung gegen SAP - 500 Beiträge pro Seite

[Toppgun]

FRANKFURT, July 23 (Reuters) - Germany`s state supervisory
office for share trading is investigating whether business
software maker SAP AG violated share trading law, the
Berliner Zeitung daily newspaper said on Monday.
Germany`s SAP said on Saturday it had to revise down its
reported first-half net profit, taking into account losses by
20-percent-owned Commerce One Inc. .
In an advance release of an article from its Tuesday
edition, Berliner Zeitung said the supervisory office would
examine whether SAP should have issued the profit revision
earlier as it could influence the company`s share price.
There was no comment immediately available from the
supervisory office.
A spokesman for SAP said the company saw nothing in the
revision which could have moved its share price and required it
to issue a formal announcement over the stock exchange`s
electronic information service.
Reuters reported the profit revision after confirming the
contents of a newspaper article with SAP on Saturday.
Analysts said the revision was a non-cash accounting
charge, below the operating line and that it did not affect the
group`s profitability.
"It makes no difference to the cash flow or the
profitability of the business. We consider it largely
immaterial," said Credit Suisse First Boston analyst Matthew
Hammond.
By 1800 GMT on Monday, SAP shares were 1.99 percent higher,
making them the third-biggest gainers on the DAX index of blue
chip stocks.
SAP on Monday clarified the downward revision to its
first-half net profit was around $90 million, rather than the
figure of 90 million euros ($78.12 million), which a company
spokesman gave on Saturday.
The revision came after Commerce One, which makes software
that powers online marketplaces, on Thursday reported a
greater-than-expected net loss of $2.06 billion in the second
quarter, including charges. It cited in part the global
economic slowdown.
SAP also reported its second-quarter and first-half results
on Thursday.
((Frankfurt Newsroom [phone],
[e-mail]))
($1=1.152 Euro)
REUTERS
*** end of story ***

[Toppgun]

SHORTEN DIE SCHIERCHE SAP BIS AUF 20 EURO RUNTER!!

[Toppgun]

Das wird morgen ein schwarzes Kerzlein werden ausser wenn gestuetzt wird von ein paar BIG PLAYERS
LOL
TOP

[Toppgun]

Wertpapier-Aufsichtsamt prüft Vorgänge um SAP

Berlin (vwd) - Das Bundesaufsichtsamt für den
Wertpapierhandel ermittelt der "Berliner
Zeitung" zufolge, ob die SAP AG, Walldorf, ihre
Ad-hoc-Mitteilungspflicht verletzt hat. "Wir
prüfen, ob SAP gegen das Wertpapierhandelsgesetz
verstoßen hat", zitiert die Zeitung
(Dienstagausgabe) eine Sprecherin des Amtes. Am
Wochenende hatte der größte europäische
Softwarekonzern eingeräumt, weniger Gewinn
erwirtschaftet zu haben als noch am vergangenen
Donnerstag präsentiert. Auslöser waren die
Quartalsverluste von mehr als zwei Mrd DEM des
US-Softwareherstellers Commerce One, an dem SAP
beteiligt ist.

Nach der US-Bilanzierungsmethode US-GAAP ist
der Walldorfer Konzern verpflichtet, auch diese
Verluste in den Unternehmenszahlen zu
berücksichtigen, wodurch sich sein Gewinn um 90
Mio EUR verringerte. Die Reaktionen der Börse
blieben mit Abschlägen um ein Prozent jedoch
verhalten. Experten führten das darauf zurück,
dass das operative Ergebnis durch den Verlust
bei Commerce One nicht betroffen ist. Das
Aufsichtsamt geht nun der Frage nach, ob SAP den
Verlust schon früher hätte melden müssen, weil
die Nachricht geeignet war, den Kurs zu
beeinflussen.

Nach dem Gesetz müssen solche Tatsachen
unverzüglich gemeldet werden. Gelegenheit zur
Korrektur hatte SAP schon am Donnerstag gehabt,
als das Unternehmen seine Erfolgsbilanz
vorlegte. Am gleichen Tag veröffentlichte
Commerce One seine Quartalszahlen. Jedoch
berichtigte der Softwareriese seine
Überschusszahlen erst am Samstag, nachdem die
Nachricht bereits in Zeitungsberichten
verbreitet worden war. Stellt sich bei der
Prüfung des Aufsichtsamtes heraus, dass das
Management seine Pflichten vorsätzlich oder
leichtfertig verletzt hat, droht dem Unternehmen
ein Bußgeld von maximal drei Mio DEM. Allerdings
hat das Amt im vergangenen Jahr lediglich sechs
Bußgelder verhängt, von denen keines höher lag
als 200.000 DEM.
vwd/12/23.7.2001/nas

[Toppgun]

NA LIEBE FREUNDE ICH HABE EUCH FUER HEUTE EIN SCHWARZES KERZERL VERSPROCHEN UND WORT GEHALTEN. GOTT WIE ICH ES HASSE IMMER RECHT AU BEHALTEN!

[Toppgun]

KORREKTUR
DAS SOLL HEISSEN GOTT WIE ICH ES HASSE IMMER RECHT ZU BEHALTEN!

ODER AUF AMERIKANSY: GOD DO I HATE IT ALWAYS TO BE RIGHT

[Angela01]

@ Toppgun welchen put bei sap, wird heute ein schwarze kerze???

[Toppgun]

HEUTE WIEDER EIN SCHWARZES KERZERL!
PUT KENNE ICH NICHT, ICH SHORTE DIE FETT GEFRESSENE SAU!
MACHT ES AUCH SO.
RICHTIG SHORTEN BEI EINER AUFWAERTS BEWEGUNG NATUERLICH. AM SCHOENSTEN WENN SAU BEI 165 GEGEN DIE MAUER LAEUFT!

[Toppgun]

Natuerlich kann Ich auch in Deutschland shorten!


Ich shorte zwar via USA. Dort kann ich alle DAX und NM ADR`s schoen shorten und zwar online via DATEK,ETRADE,AMERITRADE,SCHWAB etc. auch pre & after hours! BIS 5000 STUECK KOSTET MICH DAS $10.-per trade!
SHORTER DIE FETTE SCHIERCHE SAU(sap)!
LOL TOP

[flo2323]

JAAAAAAA! SHORTET DIE SAU!! SHORTEN!!!

ABSCHLACHTEN!


Habe auch nen Put

[schnubi]

flo232 topgun und die ganzen sap shorter. mit sap habt ihr euch gerade den richtigen wert gefunden um zu bashen!!! da gibt es ja gerade mal 300 mio € durchschnittsumsatz im xetra.
es sind die big guys welche den kurs von sap bestimmen und die wollen momentan wohl eher kaufen. weshalb sollte sap auch schon fallen die stehen momentan charttechnisch in einem aufwärtstrend. und fundamental ist der wert für diese wirtschaftslage auch ok.
topgun ob du es willst oder nicht und trotz deinem shorten werden wir bei sap bis herbst kurse über 200 € sehen, also schau das du deine shorts an schwachen tagen wie heute glattstellst!!

[heinz2]

Hallo ihr SAP-shorter, habe bei 169 nachgekauft mit ziel 180
Alles schlechte für eure PUTS.

[flo2323]

SAP ist gestern bereits am Widerstand abgeprallt (ziemlich eindrucksvoll nebenbei bemerkt).

Damit ist die nächste Richtung klar. Womöglich schon Ende des Monats wieder bei 135€?

Eines scheint jedoch mit der heutigen Strong Buy Bestätigung von Lehman glasklar:

Die Großen wollen das sinkende Schiff noch verlassen!

Fundamental siehts bei SAP grottenschlecht aus.

[flo2323]

[flo2323]

Down Down Down!!!!

[schnubi]

flo 232 hast heute wenigstens bei deinen puts gewinne realisiert?
toller intrady revearsal heute bei SAP wenn die nun auch die 170 packen ist die welt charttechnisch wieder in ordnung dann schauen wir bald die 200.

[bimbamboeh`]

bei 100 € ordentlich rein, war erst im Januar drinn und kann sich gewiss wiederholen.

[Toppgun]

SHORTET DIE SAU ABER RICHTIG!

[Toppgun]

SOFTWARE SEKTOR SO EBEN STARK RUNTER GESTUFFT! CNBC MARIA BARTIROMO 14:45 BEA, SIEBEL, ORACLE, ETC.

SHORTET WAS DAS ZEUG HAELT!!

[flo2323]

SAP SHORTEN WAS DAS ZEUG HÄLT!!!!!!

SAP MASSLOS ÜBERBEWERTET!!!!

SHORTEN SHORTEN SHORTEN!!!!!!!!

SHORTET DIE SAU!

[Toppgun]

GOD DO I HATE IT ALWAYS TO BE RIGHT!!
SIEHE MEINE THREAD SAP-Aktie übergewichten

#48 von Toppgun 17.08.01 20:13:08 4227422 SAP AG SYSTEME ANW.PRD.I.D.DV.STAMMAKTIEN O.N.

HEUTE WURDE DIE CRYMLER RUNTER GEKLOPFT! MONTAG SAP?

EON SIEHT AUCH SO AUS ALS WIRD IHR BALD EIN AEHNLICHES SCHICKSAL BESCHERT!

[EXXSAINT]

TOP, Du solltest Markus Koch in New York ersetzen. Deine Sprüche sind lustig und stimmen auch. Hätte ich SAP geschortet wäre ich jetzt reicher!

Bei der nächsten Hausse SHORTE ICH DIE SAU!
Ziel im Auge behalten!
EXXSAINT

[Toppgun]

SAINT, HABE SCHON MIT MARKUS GESPROCHEN! DIE SCHMALZ LOCKE WILL SEINEN PLATZ NUR HER GEBEN WENN ER MARIA BARTIROMO ERSEZTEN KANN!

BITTE TRETE FUER MICH DEN STINK STIEFEL XYLOPHON SO RICHTIG IN DEN A R S C H DAS SEINE PICKEL IM GESICHT AUF PLATZEN!

[EXXSAINT]

TOP, habe das Gesülze v. XYLOPHON mit Übelkeit überflogen! Dann ließ ich einen Irischen Jagdhund das Geschmiere lesen worauf er tot umfiel!

XYLOPHON raucht viel zu viel Rauschgift und sollte aufhören UHU zu schnupfen!

Ziel im Auge behalten!
EXXSAINT

[Toppgun]

SAP STELLT INSOLVENZ ANTRAG UND GLAEUBIGER SCHUTZ VERFAHREN!

DER LETZTE MACHT DIE LICHTER IN WALLDORF AUS!
FUER MICH WIE WEIHNACHTEN UND OSTERN ZUSAMMEN GELEGT!
WIESO?

WEIL ICH SHORT BIN! MUSS NICHTS (EINDECKEN) ZURUECK ZAHLEN!

HALT DOCH EIN PAAR EURO CENTS!

Ziel im Fadenkreuz behalten!
LOL
TOP

[GustavMallorca]

Glückwunsch Ihr " Shortexperten " !
SAP + 2,5 Euro

[Toppgun]

HALLO HALLO WAS IST DA LOS EIN WEISES KERZERL, SAG MIR BLOS?

BEI SO EINER SCHOENEN NORD BEWEGUNG REIN SHORTEN GENAU WENN DIE SAU AN DEN WIEDERSTAND ANSTOESST!

Ziel im Fadenkreuz behalten!
LOL
TOP

[Toppgun]

GUSTAVMALLORCA alias XYLOPHON sehr einfallsreich das sag ich schon.

[Toppgun]

jetzt gehoert SAP mehr als 5% von COMMERCE ONE mit all den verlusten die sap noch nicht ausgewiesen hat!!


http://ragingbull.tenkwizard.com/fil_submis.asp?repo=tenk&ip…

[Toppgun]

BETEILIGUNG AN COMMERCE 1 -34% SEIT DEM KAUF! ODER -$148,864,744.38

NAJA SAP HAT SICH EINE COMMERCE 1 AKTIE $4.75 KOSTEN LASSEN ODER $225,552,643.DAS IST GANZ SCHON HOLZ FUER EINEN VERLUST BRINGER!!

CMRC AKTUELL BEI $3.13 (LOW $2.98) DAS SIND -34% SEIT DEM KAUF! ODER -148,864,744.38

IN ZUKUNFT WERDEN MEHR VERLUSTE ANFALLEN D.H. SAP WIRD ZIEHMLICH VIEL $$$ NACH CALIFUTNIEN UEBERWEISEN MUESSEN!

"SHORT THE UGLY MOTHERFUCKER"



Concurrent with the most recent amendment to the Strategic Alliance Agreement,
the Issuer, Operations and SAP AG entered into a Share Purchase Agreement, dated
as of June 28, 2001. Under the Share Purchase Agreement, SAP AG agreed to
acquire 47,484,767 shares of Common Stock of the Issuer at a purchase price of
$4.75 per share, for a total purchase price of $225,552,643.

HIER IST DER LINK
New SEC Filing for SAP

A SC 13D has been released by SAP!
Click http://www.alertwizard.com/display.php?link=2601811 to view this filing!
Form SC 13D

[gritty]

ist doch schon seit geraumer zeit bekannt, es sei denn du bist nicht in der lage einen geschäftsbericht zu lesen. hatte, und wird kaum auswirkungen haben, wenn du richtig nachforschst wirst du auch sehen wieso.

[Toppgun]

SAP MUSS SEINE Q2 ANGABEN REVIDIEREN! JETZT WIRD DIE WAHRHEIT, STINKEND, MIT DEM BAUCH NACH OBEN, AM WALLDORFER TEICH TREIBEN!
--DARFS AUCH EIN BISERL MEHR SEIN MEHR ALS 20% CMRC ANS BEIN GEHENGT!
--SAP REDUCIERT (PASST AN) SEIN FINANCE ERGEBNIS!

Under U.S. GAAP, the equity method must also be applied retroactively to improve comparability.

Finance income will thus be restated to include 2.6% and 4.4% of Commerce One`s first and second quarter loss, respectively as well as other acquisition related adjustments. Accordingly, SAP will reduce itsreported finance income for the first and second quarter of 2001 by approximately (euro)8 million and (euro)85 million, respectively.


HERE THE FULL TEXT:

Concludes Additional Investment in Commerce One

WALLDORF, Germany--(BUSINESS WIRE)--Aug. 24, 2001--SAP AG
(NYSE:SAP), the leading provider of e-business software solutions,
today announced it has received all necessary approvals from U.S.
antitrust authorities for its additional investment in Commerce One
and the acquisition has been closed.
Through the additional investment, SAP has expanded its alliance
with Commerce One and now owns slightly more than 20 percent of
Commerce One outstanding common stock.
As stated in the July 19th second quarter earnings release, SAP
will be required as a result of surpassing the 20% ownership threshold
in Commerce One to use the equity method of accounting to record, in
finance income, a portion of Commerce One`s net income or loss based
upon SAP`s investment percentage.

Under U.S. GAAP, the equity method must also be applied retroactively to improve comparability. Finance income will thus be restated to include 2.6% and 4.4% of Commerce One`s first and second quarter loss, respectively as well as other acquisition related adjustments.

Accordingly, SAP will reduce its reported finance income for the first and second quarter of 2001 by approximately (euro)8 million and (euro)85 million, respectively.

The impact is on financial income only. This is a purely accounting measure that neither effects SAP`s cash position, nor its operating results. The 2001 second quarter impact is largely due to the one-timecharges resulting from the write-off of intangible assets at Commerce One.

SAP will release full retroactively adjusted Income Statements and Balance Sheets for its 2001 first and second quarters on October 18th.

Also on that day, SAP will report its third quarter results.

About SAP

SAP is the world`s leading provider of e-business software
solutions. Through the mySAP.com(R) e-business platform, people in
businesses around the globe are improving relationships with customers
and partners, streamlining operations, and achieving significant
efficiencies throughout their supply chains. Today, more than 15,000
companies in over 120 countries run more than 36,000 installations of
SAP(R) software. With subsidiaries in over 50 countries, the company
is listed on several exchanges including the Frankfurt stock exchange
and NYSE under the symbol "SAP." (Additional information at
http://www.sap.com)

Any statements contained in this document that are not historical
facts are forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as "believe,"
"estimate," "intend," "may," "will," "expect," and "project" and
similar expressions as they relate to the Company are intended to
identify such forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ
materially from expectations. The factors that could affect the
Company`s future financial results are discussed more fully in the
Company`s filings with the U.S. Securities and Exchange Commission
(the "SEC"), including the Company`s Annual Report on Form 20-F for
2000 filed with the SEC on March 28, 2001. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of their dates.

--30--sds/ny*

CONTACT: SAP AG
Gundolf Moritz, [phone]
-or-
SAP AG
Stefan Gruber, [phone]
-or-
Taylor Rafferty
Jim Prout, [phone]

KEYWORD: GERMANY INTERNATIONAL EUROPE
INDUSTRY KEYWORD: E-COMMERCE INTERNET SOFTWARE MERGERS/ACQ
SOURCE: SAP AG

Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com




*** end of story ***

[Toppgun]

NAZ FUTURES LIMIT UP +32 in den BULLRUN an der naechsten wiederstands-linie rein SHORTEN 166-170
LOL
TOP

[Toppgun]

sollte hasso niesen, in dem kuehlen boersen klima, wird sap auf der matte liegen. fallschirm bequem anlegen bitte

LOL
TOP

[Toppgun]

Heute, GERUECHTE EINER GEWINN WARNUNG UND "CONVERTIBLE BOND ISSUE" SCHON GEHT DIE SAP AUF DIE MATTE!

ich bedanke mich fuer die muehe die ich gemacht habe,
fallschirm bequem anlegen
LOL
TOP

[Toppgun]

BELOHNUNGEN FUER RICHTIGKEIT DER EINSCHAETZUNG DER SCHIERCHEN SAU UND ABSOLUTE FRECHHEIT DIE IMMER SIEGT.

BITTE ZU UEBERWEISEN AN (MINDESTENS $1.- PRO PERSON)
RICKS BANK WASHINGTON D.C. KTO. 6969696666969 BZ. 96699 DR.DR.DR.DIPL.INSCHENOER PHD. TOPP GUN

ich bedanke mich fuer die muehe die ich gemacht habe,
fallschirm bequem anlegen
LOL
TOP

[Troglodyt]

Ganz schön zählebig, die schiache Sau.

[Toppgun]

CHART TECHNISCH NUN UNTER DEM GANZ LANGFRISTIGEN AUFWAERTS TREND! IN JEDE RALLY REIN SHORTEN !


LOL
TOP

[TriggerHappy]

Brichta (NTV) spricht nun doch wieder von Gerüchten
die besagen, dass einige Großaufträge verschoben
werden müssen oder ganz wegfallen!
Irgendetwas ist bei SAP zweifelsohne im Busch!
Wird wohl weiter abwärts gehen!

[Toppgun]

SHORT THE UGLY MOTHERFUCKER es ist noch nicht zu spaet! DIE SAU HAT NOCH GENUG FETT AM KNOCHEN!

Gut das ich dran bin
Fallschirm sitzt bequem?
LOL
TOP

[Toppgun]

WIESO IST TOP SO GUT? KANN MIR DASS EINER SAGEN? ICH GLAUBE DER IST ALS KIND IN DEN TOPF MIT SCHLAUHEITSTRANK GEFALLEN?

sind alle fallschirme aufgegangen?
lol
top

[Toppgun]

NA BITTE ICH HABE ES JA GEWUSST IN ZUKUNFT SAGE ICH AUCH NOCH GENAU DIE WOCHE WANN ES PASSIERT!!

SAP May Post Decline in U.S. Sales

Boston, Sep 10, 2001 (MidnightTrader via COMTEX) -- European business software
firm SAP (SAP) is declining this morning on 60,000 Instinet shares after an
executive told a German magazine the company may post a decline in U.S. sales
while it increases its market share in the region. Also sending the stock lower
is a downgrade overnight from Morgan Stanley, cutting its rating to Neutral from
Outperform.

Price: 27, Change: -2.25, Percent Change: -7.7%


URL: http://www.Midnight-Trader.com

Copyright (C) 2001 MidnightTrader.com. All rights reserved.
Unauthorized reproduction is strictly prohibited.

-0-


SUBJECT CODE: PMKT.MN
EARN.MN

*** end of story ***

[hankusch]

@all
kann mal jemand diesen Blödgun abschalten!! Ist ja nicht auszuhalten.
SAP fundamental angeschlagen
SAP meldet Konkurs an
kaum zu glauben so ein Schwachsinn.
Ohne Gruß hank

[Toppgun]

@HANKUSCH UND KUSCH!
ODER FEIN GESAGT KUSCH ER SICH!

ist wohl der FALLSCHIRM NICHT AUFGEGANGEN?
lol
top

[Toppgun]

AN ALLE
ES GEHT DARUM ROTZ FRECH ZU SEIN! GOSCHERT WIE BODO BACH! SCHLIMM WIE MAX & MORITZ........BART SIMPSON + TILL EULESPIEGEL ZU UEBERTREFFEN UND TROTZ DEM "RIGHT ON THE MONEY" IMMER INS SCHWARZE TREFFEN ALSO EINFACH RECHT ZU BEHALTEN!

SERIOES ZU SEIN "TO BE A SERIOS ASSHOLE" IS FAD! DAS UEBERLAST DEN BANK BERATERN DIE MEISTENS UNRECHT HABEN!!

schreib zurueck aber nur wenns muehe macht
LOL
TOP

[Toppgun]

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.…

[norged]

@Toppgun
Gruß Norged
SAP gibt sehr bald noch ein paar kleine Geheimnisse
preis,das Boese wartet.
Kaum jemand hat genau gelesen,alle waren gewarnt.

[Toppgun]

ICH HABE NATUERLICH GEMEINT 4 FLUGZEUGE NICHT DIE BOMBE!

ICH HOFFE IHR SEIT ALLE SHORT DENN HIER KOEMMT DIE BOMBE!

Ich werde jetzt HELLSEHER,
lol
top

[Toppgun]

SAP Confirms Third-Quarter Targets But Full-Year Is Open to Revision
Dow Jones Newswires


BERLIN -- SAP AG said Thursday it would meet its earnings expectations for the first nine months of 2001, calming investors` jitters, but the German software giant left the door open to revise its full-year targets.

"After an initial analysis of its business environment, SAP assumes it will achieve its stated sales and earnings expectations for the first nine months of 2001," the company said. It expects revenue growth of 23% for the first nine months of the year.

It also reiterated its full-year expectations of at least 20% revenue growth, saying there is no reason currently to make a change to its forecast. But it added a word of caution in light of last week`s events.

"The effect of the terrorist attacks [in the U.S.] on economic activity in the fourth quarter is more difficult to assess," the company said.

SAP Considers Acquisition Spree to Rival the U.S.`s Siebel Systems (Sept. 11)

SAP Will Likely Revise Its Earnings Due to Large Loss at Commerce One (July 24)

Despite the cautious footnote, the company`s announcement was a rare sign of optimism amid the current economic uncertainty and reinforced many analysts` opinions about SAP`s strong market position.

"Clearly the statement is very encouraging," said Joe Bracken, an analyst with JP Morgan. "We`ve been pushing investors on this stock ... so obviously we`re very happy about it."

SAP`s shares bounced in afternoon trading in Frankfurt, gaining 2.4% to 102.86 euros ($95.33). Nonetheless, the company has still lost some 30% of its value since the end of August.

Although SAP is clearly outperforming its peers in the business-software industry and has a stable business model because of its broad customer base, it is still subject to economic fundamentals.

Reinhard Rother, an analyst with Delbrueck Asset Management, said at the stock`s current price level he would have normally upgraded to buy from his current accumulate rating. But with economic conditions already less than ideal and uncertainty in the aftermath of the terrorist attacks in the U.S. last week, Mr. Rother said he`s staying more cautious.

Credit Suisse First Boston was also pleased by the statement, but said gains will be limited by the uncertainty over the fourth quarter, which is traditionally SAP`s biggest quarter, accounting for over 40% of annual net profit.

After posting revenues of 3.38 billion euros in the first six months, SAP will have to record revenues of 1.67 billion euros in the third quarter to meet its targeted growth for the first nine months of the year.

But the fourth quarter is a much more difficult hurdle. In the last three months of 2000, SAP recorded revenues of 2.16 billion euros.

[Toppgun]

Thema Aktienrueckkauf: d.h. DIE SAU WIRD FUERS ERNTE DANK FEST GEMAESTET DAMIT BEI DER SCHLACHTUNG DAS FETT AUS DEN WUNDEN RINT!

ALS CHEF KUMPEL KAUFE ICH NATUERLICH LIEBER AKTIEN ZURUECK BEI 50 ALS BEI 140 GELLE!!

FALLSCHIRM ZUSAMMENLEGN SO DASS ER WIEDER AUFGEHT WENN MAN IHN BRAUCHT
LOL TOP

[Toppgun]

HASSO HAT GELOGEN! GOTT WIE ICH ES HASSE IMMER RECHT ZU BEHALTEN!

ODER AUF AMERIKANSY: GOD DO I HATE IT ALWAYS TO BE RIGHT

FALLSCHIRM ZUSAMMENLEGN SO DASS ER WIEDER AUFGEHT WENN MAN IHN BRAUCHT
LOL TOP

[Toppgun]

Ich betreibe PINOCHIO Analysen an allen aktien Maerkten! Dazu habe ich eine L-NASEN Brille entwickelt wo ich sehen kann wem eine lange NASE WAECHST!
HASSO P. hat eine sehr lange NASE!

keinen fallschirm gehabt?
LOL
TOP

[Toppgun]

DIE LOSER XYLOPHON alias GUSTAVMALLORCA SCHWEIGEN!!

ES HAT SICH ERWIESEN DAS RECHTSCHREIB UNTERRICHT ALLEINE AN DER BOERSE NICHTS TAUGT!! BURLI GEH WIEDER DIE SCHULBANK DRUECKEN ABER ZUM THEMA BOERSE!!

LASST EUCH WEITER VON DER EHEFRAU DURCHFUETTERN ODER VOM SCHWIEGER DADDY!! WAS SAGT DEN DIE EHERFAU UND DER SCHWIEGER DADDY ZU EUREM LOSERTUM??

schnell ein geraet rauchen und so gleich eine positive einschaetzung ueber SAP schreiben! ODER DOCH SCHWEIGEN?!

keinen fallschirm gehabt?
LOL
TOP

[Toppgun]

AU BACKE JETZT GIBT ES DIE DICKE KAKE FUER SAP
FALLSCHIRM GRIFFBEREIT?
LOL TOP

SAP Succumbs to Tech Industry Woes,Posting Weak Results and Cutting Outlook
By NEAL E. BOUDETTE and KEVIN J. DELANEY
Staff Reporters of THE WALL STREET JOURNAL
http://interactive.wsj.com/articles/SB1003392426104750040.ht…

FRANKFURT -- SAP AG, which appeared to be weathering the technology slump, finally has succumbed.

The software maker, which had been growing solidly despite flagging technology spending, reported disappointing third-quarter earnings and slashed its outlook for the final three months of the year.

It said the attacks on New York and Washington Sept. 11 and the U.S.-led war on terrorism were "paralyzing" some customers, especially in the U.S., where software sales fell by a third in the quarter.

The reversal by one of Europe`s steadiest companies left little doubt that the economic shock waves of the terrorist attack are already having a broad impact beyond the U.S.

"The engine for growth has been Europe and now it seems to be running out of gas," said David Clayton, head of technology research at CSFB in London.

In line with that view, French-Italian semiconductor maker STMicroelectronics NV forecast flat sales and profit in the fourth quarter, retreating from a July pledge of growth. It blamed uncertain consumer spending in the wake of the terrorist attacks and continuing pressure on chip prices.

SAP indicated it is also headed for a flat fourth quarter. The company, which had said Sept. 20 that full-year sales would grow about 20%, scaled that projection back to 15%, which implies no growth in the last quarter.

In a conference call, Co-Chief Executive Henning Kagermann said immediately after the terrorist attacks, customers had confirmed plans to buy new software, but some deals didn`t come through.

Customers are likely to continue to delay spending plans beyond the fourth quarter and into 2002, said Hasso Plattner, SAP`s other chief executive. Companies "are afraid to move forward," he said. "It is a paralyzing situation."

SAP`s deteriorating outlook was largely unexpected and sparked selling in its shares. On the Frankfurt Stock Exchange, the shares fell 13%, or 16.70 euros, to 110.20 euros each.

"There was a loss of confidence because of this news," said Guenter Ferstl, a fund manager at Bawag KAG in Vienna.

European Techs Stage Big Rebound, but Analysts Are Split on Outlook

Commerce One to Cut Work Force by 46% Through Layoffs, Spinoffs (Oct. 15)

SAP Approves Buyback of Shares to Be Used in Its Acquisition Plans (Sept. 28)

For the third quarter, the world`s largest maker of business-management applications reported that revenue overall was in line with expectations, rising 6% to 1.7 billion euros from 1.4 billion euros in the year-ago period. The worrisome news was a drop in license revenue, a measure of how much new software the company sold. World-wide license revenue fell 7% to 447 euros million, led by a 34% drop in the critical U.S. market.

Operating income for the quarter rose 7.4% to 159 million euros from 148 million euros, but net income fell 55% -- to 37 million euros from 83 million euros -- as a result of a 24 million euro loss related to its stake in Commerce One Inc. and other charges.

STMicroelectronics isn`t faring any better. Chief Executive Pasquale Pistorio now predicts sales at the company, Europe`s largest chip maker, will fall 16% to 20% this year. He declined to comment on growth prospects for 2002, saying there wasn`t sufficient visibility.

STMicroelectronics` comments are in line with statements this week by its U.S. rivals. Texas Instruments Inc. on Wednesday said it expects the fourth quarter to be "the floor" for its sequential quarterly sales declines. On the Paris Stock Exchange, STMicroelectronics shares slipped 5%, or 1.60 euros, to close at 30.55 euros each, declining with the rest of the tech sector.

While struggling with excess inventory, STMicroelectronics announced that it is shuttering its plant in Rancho Bernardo, Calif., which employs 300 people. Earlier this year it began closing its plant in Ottawa, Canada.

Mr. Pistorio said the company`s capacity utilization was slightly below 60% overall, compared to its "ideal" of 85%. "ST has the structural characteristics to be capable of outperforming the industry in 2002," Mr. Pistorio said in an interview.

For the third quarter, ST reported a 91.4% decline in net income to $35.8 million, or four U.S. cents per diluted share, from $415 million, or 45 cents per diluted share, a year earlier.

Third-quarter revenue declined 31.4% to $1.40 billion, down from $2.04 billion. Analysts` consensus estimates were for revenue of $1.37 billion and earnings per share of two cents, according to a Reuters survey. The gross margin was 33% in the quarter, down from 47% last year.

[Softbanker]

Mit welchem Recht notiert die SAP Aktie eigentlich noch über 100????
Unfassbar teuer!!!!!!

[Toppgun]

HIER MAL NE GUTE SAP NACHRICHT MUSS AUCH MAL SEIN ABER NUR WENNS MUEHE MACHT!

SAP Transforms E-Business With New mySAP Technology for Open Integration


Business Editors/Technology Writers

LOS ANGELES--(BUSINESS WIRE)--Nov. 6, 2001--

mySAP.com(R) E-Business Platform Powers the Virtual Enterprise Through
Portals, Web Services and Exchanges; Unites Agile Web Platform and
Applications to Reduce Total Cost of Ownership

SAP AG (NYSE:SAP) today detailed its open-standards-based
infrastructure that enables unprecedented technical interoperability
and drives collaborative business in a heterogeneous IT world.
The foundation for all mySAP.com(R) solutions, mySAP(TM)
Technology enables collaboration across business processes and among
users within and beyond company boundaries by integrating applications
and Web services from different vendors on one common, reliable and
open Web infrastructure. The announcement was made at SAP(R) TechEd
2001, SAP`s technical education conference sponsored by SAP Labs Inc.
being held in Los Angeles, Nov. 6-9, 2001.
The mySAP Technology infrastructure solves a long-standing dilemma
for CIOs -- whether to purchase natively integrated applications from
a single vendor or custom-integrated applications from different
vendors -- by providing support for both approaches. Customers benefit
by reducing their cost of ownership, adding flexibility to their
technology infrastructure and protecting existing investments, with no
need to "rip and replace" current systems.
"The nature of business and collaborative processes is continuous
change and will include applications provided by many different
vendors in various technology environments," said Hasso Plattner,
co-chairman of the executive board, chief executive officer and
co-founder of SAP AG. "Publishing a suite of application programming
interfaces is a first step but no longer sufficient. The e-business
platform itself has to offer the flexibility to change. SAP,
SAPMarkets and SAP Portals together provide this comprehensive
business infrastructure to meet the challenge of building a
collaborative economy."
mySAP Technology consists of three elements driving collaborative
business: Web Application Server, exchange and integration
infrastructure, and portal infrastructure. All three elements enable
compatibility with technologies from other vendors. For example, the
portals infrastructure ensures interoperability with other portals
regardless of the underlying technologies deployed. The same
interoperability exists for the exchange and Web Application Server
elements of mySAP Technology.
"SAP has established a leadership position in ERP II in both
market share and product breadth that will be difficult to surpass
over the next three years," said Yvonne Genovese, research director at
Gartner Inc. "SAP`s strategic direction is to provide tools that will
enable users to integrate applications and processes internally,
between enterprises and with third-party applications."
The SAP Web Application Server provides Web services through
platform-independent, maintainable business Web applications and
technologies. These encompass Java(TM) 2 Enterprise Edition (J2EE) and
ABAP as well as connectivity with other technologies such as
Microsoft.NET. In addition, with Web Dynpro, the Web Application
Server provides a high-performance, easy-to-use Web development tool
and runtime environment for professional Web business applications.
The portal infrastructure provides user-centric collaboration
based on data unification and role management capabilities that
deliver relevant information to users, easing navigation and allowing
people to work smarter. With a common, seamless point of entry across
disparate systems and information sources including any back-end
system the user is presented with only relevant information and can
make the best decisions based on previously invisible informational
relationships. The exchange infrastructure provides process-centric
collaboration based on shared business knowledge for designing,
configuring, changing and executing collaborative business processes.
With mySAP Technology, customers benefit from both the strong
heritage of SAP and the new world of open integration. The traditional
strengths of scalability, broad functionality and mission-critical
performance provided by SAP are now extended to J2EE. SAP is the only
solution provider able to combine a comprehensive, open and integrated
Web services infrastructure with the applications and data that
companies need to rapidly adapt to change. With this development, SAP
turns the concept of a virtual enterprise into a business reality.

Revolutionary Benefits Through Evolutionary Change

mySAP Technology powers the mySAP.com e-business platform with one
common infrastructure for integration within and beyond company
boundaries. The architecture enables open integration of any
application and Web service from any vendor in any technology
environment, helping organizations to be far more efficient and
cost-effective by leveraging and extending existing assets while
enabling flexible collaboration internally and externally.
mySAP Technology reduces the pain of abrupt, disruptive shifts in
technology with continuous, evolutionary improvement. As a result of
this evolutionary approach, customers can modify, enhance and adapt
individual Web services without changing other services, mitigating
the need for the huge technology platform shifts and upgrades of the
past. This allows companies to protect existing investments and add
new functionality that can be easily designed, built, deployed,
accessed and combined with existing Web services and syndicated across
division, company and geographic boundaries.
The collaboration made possible by mySAP Technology is essential
for increased corporate agility and flexibility to respond to
ever-changing business opportunities and market dynamics. It can help
to reduce transportation and logistics costs, dramatically cut cycle
times, achieve new levels of service quality and order accuracy,
enhance visibility over product movement, and score big gains in asset
productivity. The bottom line is that the efficiencies and
collaboration capabilities brought about by mySAP Technology will
result in substantial reduction in cost of ownership for SAP
customers.
"At Shell, we are continuously working to use technology in
innovative ways that help to reduce our overall operating costs," said
Alan Matula, general manager of Projects and Solutions with the Royal
Dutch/Shell Group of companies. "By utilizing this important new
Exchange technology from SAP, we expect to deliver significant results
in the form of improved services and process efficiencies throughout
our value chain."
"The delivery of strategic, often mission-critical business
functionality and processes via an open, standards-based
infrastructure is crucial for organizations hoping to enable
cost-effective internal and external integration with other systems
and business partners," said Michael Barnes, senior program director
at META Group Inc. "To attain the highest levels of corporate agility,
companies will increasingly look for a stable, scalable and
cost-effective equilibrium between adopting new software, standards
and solutions, while simultaneously upgrading and maintaining custom
legacy environments."

About SAP

SAP is the world`s leading provider of e-business software
solutions. Through the mySAP.com(R) e-business platform, people in
businesses around the globe are improving relationships with customers
and partners, streamlining operations, and achieving significant
efficiencies throughout their supply chains. Today, more than 17,000
companies in over 120 countries run more than 44,500 installations of
SAP(R) software. With subsidiaries in over 50 countries, the company
is listed on several exchanges including the Frankfurt stock exchange
and NYSE under the symbol "SAP." (Additional information at
http://www.sap.com).

Any statements contained in this document that are not historical
facts are forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. Words such as "believe,"
"estimate," "intend," "may," "will," "expect," and "project" and
similar expressions as they relate to SAP are intended to identify
such forward-looking statements. SAP undertakes no obligation to
publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially
from expectations. The factors that could affect SAP`s future
financial results are discussed more fully in SAP`s filings with the
U.S. Securities and Exchange Commission (the "SEC"), including the SAP
Annual Report on Form 20-F for 2000 filed with the SEC on March 28,
2001. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.

Copyright (c) 2001 SAP AG
SAP, the SAP logo, mySAP.com, mySAP and all other SAP products and
services mentioned herein are trademarks or registered trademarks of
SAP AG in Germany and several other countries.
Other product or service names mentioned herein are the trademarks
of their respective owners.

--30--ATR/se*

CONTACT: SAP AG
Gerhard Rickes, [phone]
[e-mail]
or
SAP Americas Press Office, 610/661-3200
or
Waggener Edstrom
Megan McKenzie, 503/443-7000
[e-mail]

KEYWORD: afxal CALIFORNIA GERMANY INTERNATIONAL EUROPE TRACK
INDUSTRY KEYWORD: E-COMMERCE SOFTWARE COMPUTERS/ELECTRONICS
INTERNET
SOURCE: SAP AG
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com




*** end of story ***

[KlonKrieger]

Hallo Topp was gibt es neues bei der sap? oder hast Du eine neue Favoritin?

Bis bald

[heinz2]

Hallo KlonKrieger,
es ist sehr ruhig um SAP geworden,das ist immer ein gutes
Zeichen.Danach kam immer die große Kauforgie.
Gruß an alle SAP-Freunde

[heinz2]

Hallo SAP-Freunde,
na also, wir sind über der 200-Tage-Linie.
Wenn SAP heute darüber schließt, haben wir ein neues
Kaufsignal.

[hankusch]

Hallo Blödgun

merkwürdig leise geworden. Fallschirm???

LOL!!

Die Sau schwimmt wohl doch nicht mit dem Bauch nach oben.
Und schon garnicht im Teich von Walldorf. Hasso wird Dich schon kriegen. LOL

Ich melde mich nochmal bei einem Kurs von 200€! LOL

Hat es mir Mühe gemacht? Nein, aber Spass!!

LOL

[gaptrader]

SAP wurde heute von Banc Amerika von Kaufen auf Durchschnittlich abgestuft. Das Kursziel von 130 wurde deutlich überschritten. Der jetzige Kurs sei nicht gerechtfertigt und wird für die nächsten 12 Monate nicht aufrechtgehalten werden können.

Quelle: eben auf ntv gekommen.