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Technology Stocks : EURODOLLAR - SOFTWARE GOLDMINE

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To: Chartgod who wrote (120)5/12/1998 3:35:00 AM
From: Tumbleweed  Read Replies (1) of 124
 
I only wish I knew!

Joe, if SPNSF continues down the next two days, what will you think it will base at?


This stock never ceases to amaze me. Great results yesterday and the stock dropped. The reason I am staying in is that I am convinced that it it will 'pop' within the next 6 months or so. 6 months because of Y2K and Euro issues. Or because it will be bought out. There are a lot of Y2K companies whose stock is worth a lot more now than it might be worth when Y2K work dries up, and who must be looking to buy something that keep them going post 2000.

Some of the people on the SPNSF thread believe it may drop into the 7's, personally I think its unlikely to drop below 8. (barring a general market correction)but I have been wrong before!

I would say anything below 8 would be a good buying opportunity. Sapiens certainly semed to have turned the corner from their past mistakes and to be a solid company now. They are making money, growing, have a pipleline of work and are in a market with a need.

Do your own DD of course, good luck whatever you do,

JoeC
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