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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Vin P who wrote (674)11/3/1997 9:14:00 PM
From: uu  Read Replies (2) of 1936
 
Vin P:

> To date olny 616,952 shares are shorted.Why are we still
> heading DOWN?

Well, I wished I knew! However my guess is that perhaps ZITL (which is a Y2K stock and used to be a leader in this sector) came out with horrible earnings past week and that may have effected SPNSF (which regretfully is now thought of as just a Y2K company, while its core business is NOT Y2K and is really client-server). I am still looking to see mid teens by middle of next January (and during the so called January effect)!

Regards,

Addi Jamshidi
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