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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: shlomi cohen who wrote (1248)2/23/1998 7:01:00 AM
From: Emec  Read Replies (1) of 1936
 
According to the research report and the CFO, Y2K will account for at most 40% of revenue at its peak in 1998. They view it merely as a mean of getting their foot in the door. They were a latecomer to the Y2K game. The euro conversion is where the real opportunity is. Market is $50 to $100 billion. Sapiens is in the final stages of developing a Euro conversion tool and is working with a few customers to test it. 53% of revenues are in Europe so they are in a strong position to capitalize.
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