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

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To: DD™ who wrote (1019)2/9/1998 11:07:00 AM
From: uu  Read Replies (3) of 1936
 
Can anyone please tell me why on earth Sapiens would go and buy a privately held insurance company?!! I may have understodd their motives if this had been another client-server, Y2K, or any other tech company, but why on earth a privately held insurance company?

I think the price decline maybe due to the purchase of this privately held insurance company and possible further dillution of shares. As I said it beats me as why Sapiens would go an buy an insurance company!!! Unless I am missing something here I am extremely disappointed with this latest move by the company (to say the least)!

Regards,

Addi Jamshidi
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