SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DD™ who wrote (787)12/10/1997 10:54:00 PM
From: Sam Golden  Read Replies (1) of 1936
 
Tell you what DD, I am really starting to look the other direction in the whole high tech sector. I shorted SEEK,XCIT,LCOS, and looking for more tommrrow. I did buy some SPNSF though, but wont hold for more than a point. IMHO, I think the high tech sector has been great for a long time but valuations are starting to make the big money nervous and I think they have started to move out of the sector. Problems in Asia aren"t helping either. So you know what they say, "If you can"t beat them join them." Money is money is money

BTW I started doing this yesterday before any E-mails from the quasars

Still long SPNSF, but looking real close at overpriced tech issues. If there was ever a time for real caution this is it.ORCL
proved that yesterday and confirmed at least to me today without a gap up this AM. 6-9 months ago it probablly would have opened 25-26

Just my take on things, But what the hell to I know. Opinons welcome as long as you don"t disagree

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext