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SAP Isn't Everything

By Jim Cramer

 About this article:
 And on the fifth down day, we decided that SAP's butt getting kicked means the industry is faltering? This is the thought that went through my head when I saw SAP's disappointing news and its alibi that business is weak. That's why it stumbled. Of course, SAP's comments immediately took all of Europe down. Nobody said, "Hey, maybe it is SAP's fault because Oracle's kicking their butt." No one said, "Sure it is weak, because in the end Salesforce.com's got a better mousetrap." Instead it is like what used to happen when Nokia reported a weak quarter and everything related to cell phones came down until we realized that Nokia made too many dumb phones and not enough smart ones. But when you are down multiple days, when you are now oversold, when you are near the end of an important month for hedge...

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