Golden_Ratio... unfortunately, growth in SAP's new product lines (CRM, Portals, BW), is not as grand as your post leads readers to believe which is clearly reflected in SAP's $25 stock price. Believe SAP's stock initially opened on the NYSE at $60. I donot see corporate America rushing out to buy this new innovative software. Sales are down & let's not forget the high price R&D costs to develop these software products. In this economy, which I donot see turning around till the 3rd quarter of next year, I see slumping SAP sales. Though, I do believe that SAP's stock price has bottomed out. SAP stock should be a good early XMas gift for next year, but I'm sorry to say, not this year.
Actually, you wrote that SAP would be selling at $13, not $20. Are you upgrading your forecast? Predicting $20 is like saying "It will rain sometime soon in Florida." In this market, it could hit $20 this week, but that wouldn't necessarily be because of a weakness in the company or sector.
Look for my messages from last 2 years. I said it will come down. And same thing happened. It came down from $55 to $26. Why don't you agree this first. Then we will talk further. I said it and it will happen. When it touches $20 in next 6 months at that time you will not be here.
SAP may be overvalued, but if it is, so is the whole market, so it isn't company specific. I don't own any right now, but am looking to get in some day. Based on PE ratio for next years earnings, SAP is in the ballpark.
Maybe this person has written a little script to post the same message every week or so, to see if it gets any response from people like us.
There are some profoundly disturbed people in the world. I'm not saying this is one of them, but who knows, it could be the highlight of this person's week to post the same thing, then see what sort of reaction it will engender.