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SAP, PeopleSoft earnings look brighter

SAP and PeopleSoft say their Q4 sales are going to be better than expected, although Baan bottomed out with news that its CEO was quitting and its earnings would plummet.

 

  latest developments 

SAP and PeopleSoft say their Q4 sales are going to be better than expected, although Baan bottomed out with news that its CEO was quitting and its earnings would plummet.

"The third quarter really was the bottoming out, but we're starting to see the growth again in the traditional ERP market validated by SAP today."

- Colleen Kaiser, a financial analyst at Merrill Lynch

 


SAP rally could bode well for sector
Wall Street analysts speak of an Internet-sparked rebound for the software giant, which is expecting fourth-quarter profits to double.

SAP jumps on fourth-quarter profits
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PeopleSoft expects charges, predicts earnings
The maker of business management software expects its fourth-quarter earnings to range between 2 and 4 cents per share.

Is the enterprise resource planning market dead?
year in review Oracle CEO Larry Ellison may be right on the mark when he said the enterprise software market as Wall Street and corporate America know it is dead.

Baan chief leaving as problems mount
For exiting Baan CEO Mary Coleman, holding a flailing software company together over the past seven months seems to have become too heavy a burden.