Sapiens International Corporation (SPNSF): Turn around...? Message Board

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

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To: Ariella who wrote (1078)	2/11/1998 12:41:00 AM
From: shlomi cohen	Read Replies (1) of 1936

Hi Ariella, Sapiens is covered by Arnhold & Bleichroed,H.J.Meyers, Gaines Berland, and its inves. banker is Oppenheimer. Eps for 1998 .45 and I dont have 1999. When I wrote diamonds I meant it because in this TI/Y2K business programmers are hard to find. Sapiens put every weekend one full page ad ,in Israeli papers, to recruit programmers for y2k jobs they are getting. And here they got 20 of them in the East coast experts in the insurance business for few 100ks.(With revenues). Sapiens is looking now exactly like Mercury Interactive (MERQ), a year ago, when I bought them at 10. Now unloaded at 33.5, both, Israeli based software companies in the y2k and euro (one curency) business. Merq is in the testing side of the business. Sapiens results now are the same as Merq a year ago and now Merq value $630m. Both good managements that overcame deep crises and know how to react to market changes. I am sure this company , spnsf, will be double digits stock soon. Shlomi.

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