Pender's Blog by Lee Pender, RCPU Editor

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SAP Earnings Disappoint

Economic recovery? Not in Walldorf, Germany, mein freund, where SAP reported disappointing third-quarter earnings and saw its stock price tumble this week.

We hate to always be nattering nabobs of negativity, but we here at RCPU feel as though SAP's earnings will be the rule and not the exception for a while to come. This "recovery," if it's even happening, isn't going to be a quick one. So, get used to this kind of stuff.

Posted by Lee Pender on October 29, 2009


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