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

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To: Peach who wrote (417)9/13/1997 6:04:00 PM
From: uu   of 1936
 
Norm:

> Do you have a feel for which way SPNSF will go next week?

In my opinion and as I said before, I think unless some sort of news comes out the stock will be stuck between $8.5-$10.25 (give or take 1/8) for sometime (perhaps another month or so), till it runs into the mid teens just before the earnings announcement (late October/early November). And after the earnings and based on the numbers and future outlook the stock can easily fly to the high teens and even the 20's (although I highly doubt 20's is achievable in such a short time and we may not see it till mid-late next January.

Currently the fundamentals are all in place.

My only concern would be that SPNSF may attract a lot of momentum players and that will ultimately cause a lot of volatility in the stock. And I personally dont mind the volatility but it is painful on a daily basis!!

Regards,

Addi Jamshidi
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