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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: uu who wrote (712)11/11/1997 5:17:00 PM
From: STANLEY COHEN  Read Replies (1) of 1936
 
Addi: I have purchased puts on SPNSF as well as other stocks that I own as a hedge against a dramatic continuing short term bearish selloff. If the market continued upward my puts would have expired at either a total loss or if bought back, a small salvage value. Meanwhile I have insurance against stock price erosion such as whats happening now. I would rather make less profit than be totally exposed to a overpriced market. Just one way of protecting myself. Good luck!!!

Stanley Cohen
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