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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: TheInvestor who wrote (825)1/14/1998 12:56:00 PM
From: uu  Read Replies (1) of 1936
 
TheInvestor:

As much as I love to see SPNSF at $10 or higher (I have a whole bunch of shares and have owned this since early 1994), I am becoming increasingly concerned with the way the price and volume are behaving. The price is dropping and the volume is not too high which means either of 2 things: either some big guy is dumping little by little based on something that he knows, or small investors who have become increasingly nervous with the South East Asian problem and the overall market and are bailing out. I do not consider the small investors bailing out somehing to worry about, but I do worry about some big guy knowing something the rest of us dont! And with SPNSF, believe me, big guys are involved in ways you could not even imagine (from International bankers, to Israeli army officers and secret service, to South African gold miners, to.... you name it)!

Still looking for SPNSf to hit $10.5-$12 by March, though.

Regards,

Addi Jamshidi
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