Sun, Oct 19, 2003 - Page 10 News List

Europe depressed by gloomy Ahold forecast, finances

REUTERS , LONDON

But German software giant SAP fell again despite investment banks CSFB and UBS raising their respective target price on the stock, as investors deemed shares still too pricey after a 20-percent plus rally since the start of the month.

Smaller cap Netgem surged 31.6 percent after BT Group Plc picked the French company to supply set-top boxes for its new Internet and digital TV service. Terms were not disclosed. But BT shares were 2.8 percent lower.

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