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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Thomas Haegin who wrote (766)12/4/1997 1:37:00 PM
From: uu  Read Replies (1) of 1936
 
Thomas:

> If the right circumstances i.e. improved earnings outlook or so materializes (maybe in January?), would you consider adding to your position?

I will not be adding anymore mainly because:

After almost 3 1/2 years of holding, and buying/averaging down SPNSF, I have more shares of SPNSF at this time that I can handle. It comes a point that you just have to settle with what you have and too much of anything imay not neccessarily be good (regardless of it being IBM, SPNSF, SUNW, LSI, or just pure gold)!

However if I did not have any shares and this was the first time I wanted to buy I would definitly buy somewhere between $7.5-$8.25, and just sit tight and be patient for 70-100% gain within the next 6-12 months.

Just my humble opinion as always.

Regards,

Addi Jamshidi
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