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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Captain Jack who wrote (333)9/5/1997 2:46:00 AM
From: Andrew Hunter   of 1936
 
$.06 a share earnings at a P/E of 30 translates to an extra $1.80 in the stock price. Currently, that figure represents more than 13% of the stocks value, so it could be viewed as a good move that they did the conversion. If they do it right, they should be able to do it without hurting the stock price.
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