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

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To: uu who wrote (657)10/31/1997 11:46:00 AM
From: chuckj  Read Replies (2) of 1936
 
<<One thing I do not, can not (!) understand is how can possibly their earnings be higher on a fully dilluted basis than if it had not been dilluted?!! Can someone please explain this to me?>>

All I can think of is that they have bought a large number of call options on their own stock from an investment group, and now they are figuring the fully diluted earnings as if they exercise the options. But whatever it is it reduces the number shares by 75% and this is great for the share holders. I see great value here.

cj
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