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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Robert G Allen who wrote (1595)5/11/1998 1:59:00 PM
From: Frank Mah  Read Replies (1) of 1936
 
In today's earnings announcement by Sapiens, note the footnote, which states that the ave. shares after preferred dividends for 1998 totaled 19,943,000, up from 13,406,000. The difference appears to be from the settlement. It appears to explain the 6 cents per share earnings for this past quarter, compared to 9 cents during the previous quarter in Dec.

SPNSF still appears to be holding its own. Regardless of the increased numbers of shares, earnings' estimates by Paine Webber is being pegged at 44 cents/sh for the year. The upside potential still remains true.
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