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: P. Ramamoorthy who wrote (1451)	3/18/1998 6:32:00 AM
From: R. Bond	Read Replies (1) of 1936

P., I'm bullish on SPNSF, but a bit cautions concerning the recent action. Technically, there has not been a confirmed price breakout. We are still in the trading range that we've had since Nov. I'll only purchase more at the bottom of this range or at the bottom of the new (higher) range. Pluses: steady volume (we've seen these levels before, but not so steadily) and the stock made a higher low. On the 6-month chart: OBV lookin' very good and momentum is much like early December when we had a similar price move. Despite the fact that the past few press releases haven't caused much of a stir, I'd like to see a few right about now. Rather than thinking about holding 8 1/4, I'm interested in breaking 9. Which we will! Holdin' Bond

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