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

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To: Craig Richards who wrote (555)9/30/1997 10:59:00 PM
From: Sam Golden   of 1936
 
Joe, The BOP reading tonight is red again . Bar larger than yesterdays. in lieu of the news
release today which tried to open the bid at 9 1/2 but failed, i would venture to guess we are
in the begining of distribution of stock from the conversion. Yesterday and today there was
some large blocks on the bid.

On the positive side, stock hasn,t really taken much of hit. 50 day MA is at 7.92. guess we
could go that far. Any opinions?

Sam
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