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

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To: wpckr who wrote (538)9/27/1997 12:58:00 AM
From: uu   of 1936
 
Well.............

Ok guys, I think this thread is about to gain a tendency for hyping other non related SPNSF issues/stocks! Can we please stick to the SPNSF subject and leave the hyping of these other stocks on their respective threads!

As for SPNSF and the issue of 10% stock conversion. I fail to see what is the big concern. If this was an issue it would have had an effect on the stock price the moment it was announced about a month ago (with the stock being at around $7 at the time). However obviously it has not had any effect and the price has actually moved up about 40%! So I fail to see what is the concern here?! Does anyone really think all these people buying the shares in the $8-$9 range dont know about the conversion and it is just us who know about it?!!!! Take my word if conversion had been an issue the stock would have been hit a long time ago! And in case the stock goes down a little bit (which I dont anticipate and continue to think we will be ranging between $8.5-$10.25 give or take 1/8 for another month or so before a new upward trend), it will NOT be because of the conversion and there maybe some other reasons!

Regards,

Addi Jamshidi
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