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

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To: Lucci who wrote (1543)4/22/1998 8:17:00 AM
From: Walk Softly  Read Replies (2) of 1936
 
The analyst closest to SPNSF is Jim Friedland of Bleichroeder... he is calling for .01 for 1Q... conservative.... he believes build up in plant will put pressure on margins first quarter.... if however, they do .05 we'll have a moonshot....

Just like they found TSCN was an internet related stock.... and we use
it all the time:-).... so too shall they find SPNSF to be an internet
play.... basically, if you want your legacy (mainframe) apps to run on the net, you need to use SPNSF software to migrate it there.... nice huh? Checked the volume footprint lately??? Looking great...

As we all know, SPNSF is selling at steep discount to its brethern... sadly, past shareholders egar to sue and having won some consideration have really put the lid on Managements ability to hawk the stock.... even though this lawsuit under today's "Safe Harbor" protection would have been without merit..... even so, Management has been shackled by fear of such shareholders.... compare the way TAVA has been able to runup their stock on poor sales/eps performane.... funny, but impatient old sue-happy shareholders have been some of the biggest complainers on this string... and, they single-handedly are responsible for the pall over the company and its steep discount to market..

Hopefully, managment will soon come out of their shell and get a little more bullish..... otherwise, I for one will be calling for a sale of the company... at 2 1/2 times it current market cap... consider their well rounded product line legacy tools/internet apps/unique Y2K capailities/outsourcing services...... The IT investment community pushing IT services moonshots have TOTALLY missed this aspect of SPNSF....

Recent volatility bodes very well for future price movment... such violent pumfakes are indicative of professional accumulation at the expense of the little guy.... folks, H&Q and many other pros are competing for your shares.... anything you'll sell 'em at these prices is golden to them.... hold on to your shares... if you're a believer, put 'em in a non-marginable cash account (prevents shorting).... I suspect if more folks had been holding in cash accounts we would have never seen such a massive period of consolidation..... but for reasons unknown, SPNSF attracted more traders than investors.....

Good luck folks....

Craig
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