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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Tumbleweed who wrote (690)11/7/1997 2:00:00 PM
From: uu  Read Replies (1) of 1936
 
Joe:

you state:
> The determining factor is the salesforce and marketing (and
> obviously partnerships etc).

!00% agree with you on this. And it is because of this sales and marketing force that I said SPNSF fron its Y2K business can gain more than many other Y2K specific companies (such as ZITL, or Data Dimension, etc.). For one thing Sapiens is an international corporation with large and strong connections with the right people oversees (especially in Europe, South Africa, and Japan). Just take my word, they do have these strong connections! In addition to that they have had a very strong relationship with IBM and that is a huge plus on their side (it has always been the belief that IBM will eventually buy Sapiens). Also a newly strong relationship with Uniysis will boost Sapienss marketing and sales force. Therefore based on these I say SPNSF is in a much better position than the majority of other Y2K specific companies. Besides as I said SPNSF's core business is in client-server which is a totally different game all together.

As for buying more SPNSF at these levels, I am not buying, nor trading! I have more Sapiens shares that I really can handle but I am holding and riding the bumy road to the mid teens. I figure after 3 1/2 years of being patient with this stock and agonizing over that I deserve a cool 250%-300% return (my average share price is at around $5.7/shr - enetered at $14.5 in 94 and averaged down during the 3 years that followed its crash to 50 cents and coming back up and staying between $2-$3 for about 2 years till finally it has started to get where it is posed to go).

Regards,

Addi Jamshidi
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