SAP beat earning on Jan 13 2010
It sold off after news and with market - will be a buyer on any weakness. Merrill Lynch upgraded today add some support at the current levels. Support at $46 goes back to last year Aug 2008
Jan 13, 2010 SAP reports Q4 revs of EUR3.18 bln vs. EUR3.09 bln First Call Consensus (50.39 )
SAP will provide further details of its 2009 preliminary results and outlook for the full-year 2010 on January 27th. Additionally, later today the Company will make an announcement with regards to its support offerings. For Q4, co says the non-GAAP operating margin was approximately 34.8% (vs 2008's 39.1%).
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January 25, 2010
Edited: January 25, 2010
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