Zeev's Turnips Patch-No Politics (ZEEV)

[kevinb]

Haven't looked at it. This was just an opportunistic play.

However I am overall negative on the sector. ALl these company's have been charging outrageous amounts of money for systems which simply don't deliver all they promise, and cost way more than anticipated to implement (I believe SAP is known on the industry as the consultant's full employment act <g>)

A lot of company's are still suffering from indigestion develped during the Y2K/Internut binge on this stuff so I expect:

A) Sales will continue to be slow.
B) Margins will go down.

SAP is the Micrososft of the sector, so that might help, but since they primarily make their revenue from licence fee's (as opposed to services) they may find it tough sledding.

Just MHO.

Kevin