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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Sam Golden who wrote (514)9/25/1997 12:06:00 AM
From: DD™   of 1936
 
"Is this really any different than a secondary offering? Look what happen to IMRS,CHRZ,CBSL. Why should this be different."

SG:

You are correct. Dilution is dilution. IMRS ran UP just following the secondaary offering announcement, but when the shares hit the market, the price dropped. Look at the charts. IMRS is still paying for the sins of the secondary offering, as are CBSL and CHRZ.

Long-term, SPNSF is a winner. Caaution is definately the operative word here as we approach PS conversion.

DD
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