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

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To: STANLEY COHEN who wrote (711)11/11/1997 5:00:00 PM
From: uu  Read Replies (1) of 1936
 
Stanley:

> why have you not considered put purchases

Simply because I am not a trader, nor an option player nor have ever gone short on any stock! To me that becomes sort of like gambling and I would like to think I am an investor rather than a gambler. And gambling becomes very dangerous especially in this still 100% bullish market that things can take a 180 degree turn in a blink of an eye!

As for SPNSF specific, If I could tolerate seeing my SPNSF shares trading between 50 cents a share to $3/shr for over 3 years, certainly I can tolerate seeing my shares to go back down from their high of $10.75 for another 30-60 days before (in my opinion) hitting the mid teens at which time I may - and this is just a may - consider selling!

Regards,

Addi Jamshidi
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