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October 14, 1998

BAAN BECOMES ‘NEGATIVE’ BUY

By CBR Staff Writer

Dutch ERP vendor Baan Co NV has had its rating changed from ‘positive’ to ‘negative’ by the Standard & Poor agency. The move represents another twist of the knife for the company, in a disastrous week which saw its shares crash on the first day of its BaanWorld Europe 98 event (CI No 3,515).

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