Sapiens International Corporation (SPNSF): Turn around...? Message Board

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

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To: jay silberman who wrote (131)	8/5/1997 1:28:00 AM
From: uu	of 1936

Jay: > So what happened to NBR et al., and 10+ at the close....? I sure wished I knew! Here is how to look at it though. With SPNSF at around $5.5 on Friday jumping to $7 by the end of that day is similar to a stock being at $55/shr closing at $70/shr on the same day. Now it would be nice to see the next day the stock goes from $70 to $100, but most likely it is natural for the stock to close at $60-$65/shr! Anyway, as a long term share holder of this stock who has experienced 3 agonizing years of parking my money into the stock, I am convinced of Sapiens turn around. The momentum is with the stock: 1. It is becoming visible to analysts, value investors and momentum players. 2. Their earnings report is showing sequential growth not only year over year but also quarter after quarter, and the revenue and earnings do not yet include the Y2K contracts. 3. The stock is setting new highs with pull backs setting higher lows and advancement setting higher highs. 4. Sapiens is getting into an area that is the hottest sector of converting old legacy code: Y2K. Lets hope for a great week for SPNSF! Regards, Addi Jamshidi

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