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: Risky Business who wrote (1279)	3/3/1998 11:08:00 AM
From: P. Ramamoorthy	Read Replies (1) of 1936

Risky - Thanks for the follow up and posting. What is the trans connect biz? How it works with Ryder? Ram >>> 5. BIG NEWS* IBM's trans connect is based on sapiens object pool, when IBM sets up a site Sapiens gets an intial license fee and then a FEE PER TRANSACTION! The first setup was announced with Ryder and IBM last year, the system is expected to go online mid 98. Sapiens will get .15-.30 per transaction IBM says Ryder will have 5-6 million transactions per year. This is the first set up using trans connect if it catches on this could be huge for sapiens. >>>>

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