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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: TheInvestor who wrote (680)11/6/1997 10:44:00 PM
From: pippin  Read Replies (1) of 1936
 
Just curious, why do you say the natural tendency is for SPNSF to go back to the 10 level? I'm hoping it does, but I haven't seen anything recently to make anyone want to jump on board. Besides earnings (which showed revenue and earnings up year-over-year for 3Q - but no reaction in stock price) there hasn't been much news. To recap recent news:

end of Oct. - 3Q earnings
end of Sept. - Falcon 2000 tool
end of Sept. - Unisys collaberation
end of Aug. - preferred to common conversion

The best gains resulted from the back to back contract announcements early in the summer. I don't think we'll see much movement until additional contracts are announced. Any guesses when that might be?

Long and holding ...
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