SAP – doing well?

We have to wait until 28th January to find out, but shares in SAP yesterday added 3.6 percent, making them one of the top gainers among German large companies, because traders say the business software maker has sent out invitations of analyst meeting and news conference for its fourth-quarter earnings, quelling speculation it might warn on profits.

The premise here is that if things are not to plan then the company is obliged to warn that this position exists as soon as possible.

Prior to this rumours abounded that a profit warning was likely.

I guess this backs up the saying that “no news is good news”!!!