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

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To: P. Ramamoorthy who wrote (1674)6/15/1998 4:16:00 PM
From: uu  Read Replies (2) of 1936
 
With DOW down over 200 points and Nasdaq down about 30 or so, how can anyone possibly expect SPNSF to go up??!!! In fact I am very much surprised as how well SPNSF has maintained its current level of $6 7/8-$7+/shr.

High techs are being killed dramatically, and along with that small caps have basically already been buried!! Once (and IF) Nasdaq hits 1650 level (or another 6-8% correction), the next upward trend toward DOW of 10,000 and Nasdaq of 2000 by the year end will arrive (IMHO of course).

Meanwhile, just try not to look at your portfolio on a daily basis (especially if like mine it is 100% high techs), it will just drive you crazy, depressed, and sad (to say the least)! Come back end of July and take a look at your portfolio (and SPNSF) then, I am most confident you will have a huge smile on your face!

Regards,

Addi Jamshidi
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