Monday, April 16, 2007
Tech Trader Daily - Barron’s Online : SAP: Time To Buy The Stock, Merrill Says
Tech Trader Daily - Barron’s Online : SAP: Time To Buy The Stock, Merrill Says: "But all that is in the past (well, the litigation has really just started), and Lenschow thinks the stock looks cheap. “With the risk of a weak Q1 2007 diminishing by the hour as the pre-announcement season is coming ot an end, we believe it is worth having a look at the fundamental case again, especially as the news flow in the coming months should be much more positive and as comps for SAP are getting easier,” he writes. The analyst notes that the stock trades at its lowest P/E on forward earnings since 2003."