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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Alex who wrote (1568)5/7/1998 11:43:00 AM
From: Tumbleweed  Read Replies (2) of 1936
 
I believe that unless the stock goes up soon, Sapiens must become an interesting takeover target.
Cheap stock, good customer base, experience not only in Y2K but Euro (of which much more potential, IMHO, over say the next 5 years).

A good target for an EDS, or an IBM, or another tools company. Certainly there are some 'pure' Y2K companies out there who must be looking to cash in their stock on something with longer term potential, while that stock is still worth something.

Whilst people think that Euro has a cut off date like Y2K, I dont think thats strictly true, because there will be a more gradual takeup, for example among companies in the countries not going to the Euro immediately. Just think of the Euro market in the UK alone.
There will be many UK companies putting Euro-capable systems in over the next few years, even without the UK getting into the EMU. And obviously a lot more later as new or growing companies wish to trade abroad, and even more if/when the UK enters.

JoeC
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