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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: TEDennis who wrote (47)7/4/1997 3:03:00 PM
From: Steve Woas   of 1936
 
Ted,
The stock market is for speculators. Congradulations on your profits with ALYD. Six months ago I visited their web site and was turned off by their hype. I felt that any company that would construct a web site that poorly, must not have much to offer. The textual construction of the web site was also poor. I also didn't like the fact that they were stressing the automatic nature of their tool.. As we both know, that isn't likely to happen with real spagatti code. Perhaps I was wrong. Certainly, one would not argue with a 100% profit in a week.!

Their web site has changed now. If their tool works as well as their stock has performed then ALYD will be a moonshot or it could end up like IMMM. However, their recent contracts would tend to confirm that they do have good tools.

Obviously SPNSF is doing real work with Y2K migrations. If you look at their recent contracts and stock analysts growth projections, it looks like they will do well. Of course, one can't necessarily trust the analysts. However, at least SPNSF does have a PE and when the volume gets going along with some good news, it is a safe bet that the stock will rise. I don't think it would take that many Y2K contracts to get it to go from $5 to $10. One sure bet is that there will be more Y2K work than there are companies and bodies to do the work and that there is not enough time to get all the work that needs to get done, done.

Good Investing,

Steve
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