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

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To: John E. Bentley who wrote (929)1/22/1998 8:22:00 PM
From: uu  Read Replies (2) of 1936
 
John:

> I wasn't aware they derived substantial revenue from Asia.

I am not sure how you got the impression they derive a substantial revenue from Asia? But they do some. In the past as I recall 10% from Asia, 15% from Africa (mainly from South Africa), 40% from Europe and 35% from North and South America. However I was under the impression that they had gained some impressive client-server contracts in places like Vietnam, Thailand, S. Korea, Indonesia and especially Japan.

Considering that most tech stocks (i.e. IBM, MSFT, SUNW, HP, etc.) have driven most of their revenue from Europe (to offset the weak Asia), and Europe is in a rapid transformation to catch up to the information technology (and solve its Y2K rpoblems) I have a strong feeling when the earnings come out Sapiens will show an impressive revenue growth in Europe (especially in UK).

Regards,

Addi Jamshidi
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