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

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To: uu who wrote (932)1/23/1998 9:25:00 AM
From: Robert G Allen  Read Replies (1) of 1936
 
Nice bounce off 6 1/2 today.. formed a nice hamari signaling a downtrend completion, lets hope it holds. At 10 SPNSF was a little ahead of itself, but in the current neighborhood this is a great place to own..they are ahead of schedule, even ahead of plan.. remember they are the sole proprietor of a fully automated assembler compliasnce tool (this is big bucks)/profits compared to other languages) besides being able to handle all thge standard languages (cobol etc)......Today they announced itaa2000 certified. Spoke with Jim Friedland (of Bleichroeder) today... he indicated SPNSF should meet fully diluted 4Q estimate... 9 cents very doable.. NOP should be up over 80% from last year.... SPNSF management had been in just over a week ago ensuring him they had a good quarter....present weakness just typical market burping and slurping .
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