Sapiens International Corporation (SPNSF): Turn around...? Message Board

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

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To: Rainforest who wrote (706)	11/11/1997 5:51:00 PM
From: Sam Golden	Read Replies (1) of 1936

IMHO, Its not the buyers getting selective but the shorts getting selective. Just check out the ZITL thread. They seem to be moving in on the highest PE's first. IMO, ZITL is the major cause for allof this. Shorting ZITL was like taking candy from a baby. I never shorted a stock myself until ZITL came out with earnings last week. Covered it today and bought all the SPNSF and IMRS I could at the close. If you believe in the fundamentals of a company then all this doesn,t mean sh*t, just a buying opportunity. On the other hand if you belive these stocks are over valued then go elsewhere. Tech stocks are not for the faint of heart. Its for this reason that I trade them and dont hold for long periods of time. Thats what utility stocks are for. Sam (Btw, I think the the CEO of ZITL should be strung up by his ...)

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