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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Gerald L. Kerr who wrote (126)8/4/1997 9:10:00 AM
From: Sam Golden   of 1936
 
The settlment and the private placement both had convertible preferred involved. Looks about 1 million were converted before qtr end.
Either way the numbers still look good. We new about this possible dilution. stock is biding 7 1/6 at 9.05
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