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

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To: Tumbleweed who wrote (591)10/9/1997 3:52:00 PM
From: uu   of 1936
 
Joe:

> Dont know if it was a buy or sell, does anyone know if anything
> is due to happen, or did someone need some spare change?


I have no idea why you are concerned with the 200K exchange. But if you look at the stock the bid side actually moved up by 1/6 from 10.25 to $10 5/16. The ask is still at $10 3/8 which is of course 1/16 below yesterday's ask of 10 7/16. However today's bid price has risen by 1/16.

I can not believe I am even responding in this manner! Who cares what the price is doing now or 24 hours from now?! If one believes in the investment and has done his research ok one should set a traget price, and stick to it and execute once the price is met and dont bother with whatever happens in between! My own target price at this time is $15 which should easily be achievable within the next 4 months (or about 40% appreciation from the current valuations of around $10/shr). Also you may want to check out the call options activities which indicates a very optimistic short term rise in the stock price (see 206.7.107.50 ).

Regards,

Addi Jamshidi
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