SAP AG (NYSE: SAP) closed at $48.05 Friday.
Michael A Cusumano, a professor at the Sloan School of Management at the Massachusetts Institute of Technology, said in the New York Times on February 24, 2008 that Microsoft (NASDAQ: MSFT), "rather than acquire Yahoo (NASDAQ: YHOO), should pursue SAP." SAP is a German software company has more than 46,100 customers in more than 120 countries running applications from SAP.
SAP overall option implied volatility of 31 is near its 26-week average according to Track Data, suggesting non-directional risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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