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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: BuySide who wrote (25)6/10/1997 11:55:00 AM
From: uu   of 1936
 
Mark:

> Sapiens reported a y2k contract of Woolrich, a Brittish Mortgage firm. I am not very familiar with SPNSFs y2k solution. Can anyone help?

It has been a while but if I am not mistaking SPNSF's solution is for their Falcon product to convert the legacy mainframe assembly code into C and then once in C their consultants will re-engineer the code (along with their ObjecPool technology) to solve the Y2k problem. This means that all legacy mainframe software (wirtten in any language - but of course mostly in Cobol and assembly) can be converted into C. This opens up a whole new area for SPNSF besides solving just the Y2K problem, including openning up the mainframe legacy software to COM/ActiveX and/or JavaBeans architecture by encapsulation of the generated C code inside COM and/or JavaBeans wrappers. Thus making the legacy code internet aware in addition to making them open to be used by other software components under any platform.

I just hope SPNSF can realize the potential of their Falcon product and to use that (in conjunction with the concept of open software architecture model as defined by Sun Microsystems and/or Microsoft) to their advantage. I certainly hope their R&D and marketing is smart enought to realize this and dont goof this time around!

Regards,

Addi Jamshidi
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