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

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To: chuckj who wrote (87)8/1/1997 9:29:00 PM
From: Andrew Hunter   of 1936
 
Well, you're even more optimistic than I am, and I'm really excited about this stock. My only regret is not having found it sooner. It looks as though they'll be experiencing great growth this year, and hopefully they will aquire the kind of P/E that goes along with it these days: 50 to 200. If they make the $.28/shr expected of them this year, and they manage a P/E of 100 (which isn't so radical given the 200+ P/E's of Y2K stocks these days) We'll have a 'four bagger' before long. Three analysts covering, all granted SPNSF the highest rating. I'm so used to Y2K stocks with weird financials, it's good to see a rising Y2K concern that already has an established business and solid financials. I don't know what to expect from this quarter, but I imagine it will show some decent growth. The next Q is when things will really start heating up, though.

Any predictions on where this opens Monday? I'm guessing 7 1/2... which will hopefully be the low for the day.

Andy

By the way...

sapiens.com

Their web site.
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