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: Walk Softly who wrote (1664)	6/10/1998 10:46:00 PM
From: uu	Read Replies (1) of 1936

Craig: > if down Addi gets his wish for 7.... True! However I kind of wished I had listened to my own advise on not buying SPNSF till in the low to mid $7! After selling all my 4 1/2 year old shares at $9 1/8 a couple of months ago, I could not resist not buying back a "very small" portion of my shares at $8 3/8 a couple of weeks ago! If the stock falls to the low $7 (7 1/8 to be exact) I will buy a bunch more, and if not well I am planning to hold on to what I have bought for another 4 1/2 years (or when the stock reaches $15/shr - whichever comes first)! SPNSf is in a very unique position right now to take advantage of the Euro conversion to get its foot in the door to sell its client-server Object Pool product. Despite the fact that prestigous brokerage firms such as H&Q (and from the rumors I hear perhaps soon Morgan Stanley) have initiated the coverage of the stock with a Buy rating, the stock continues to be punished for company's past behavior (i.e. 1994 when they restated their earnings). I guess Wall Street can very well be "forgiving" but it takes a while for it to "forget" things! Regards, Addi Jamshidi

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