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

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To: uu who wrote (1049)2/10/1998 5:18:00 AM
From: P. Ramamoorthy   of 1936
 
Addi - Acquisition of a business in a specific industry segment (insurance) is the fastest way to grow one's business, and probably the cheapest way if the price is right. The insurance industry has much potential since they are date-sensitive. Both segments - y2k and currency conversion - have demand here and in Europe. It is wise to re-invest some of their recent profits for more growth. SPNSF also seems to be getting into other software platforms. It is not clear how their strategic alliances with IBM, Unisys, etc. are helping. Quick settlement of the law suit will reduce uncertainty and thus help the stock. Ram
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