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

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To: DD™ who wrote (1085)2/11/1998 4:52:00 PM
From: Ariella  Read Replies (1) of 1936
 
DD - No disrespect intended, but did you do your homework on this stock? It's located in a volatile part of the world (see Iraq all over the news) and does not yet have big-time analyst following. Putting all one's eggs in this type of basket is not necessarily a bad idea, but certainly you have to be strong enough to weather a longer term approach.

Do some research on other Israeli companies -- try voclf and tcnof and giltf. If you're on AOL, do historical figures for volume and charts. You'll notice the type of trading spnsf is doing now is not unusually even when the eps turn out great. (See TCNOF for a current example.)
Go back about 400 days on voclf and then see what happened in June of past year. Patience rewarded.

Of course, you have to wait to find out. Sometimes one decides not to. That's your call. I got tired of waiting for ELNK to move past 13. Boy, do I regret that.

If spnsf is the only thing in your portfolio, you've learned the lesson not to load up so much on one thing. Just don't compare it to other Y2K stories. If you buy a "story" stock, buy US equities.
Or, assign a certain amount of capital to the story and then buy a small basket of stocks with that angle. Less risk.
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