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

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To: Alex who wrote (1772)10/4/1998 11:41:00 PM
From: uu  Read Replies (1) of 1936
 
Alex:

No I have not talked to any of my ex-coleagues at Sapiens lately. The last time I talked to them was about 3 months ago (right after the last earnings report came out) and they were saying the company is getting more contracts and sales than anyone in the company had imagined in their wildest dreams. They said they had a hard time finding the qualified engineers to do the job though. This is understood as so many high techs are facing the same thing. Anyway, I am most confident of Sapiens earnings growth and today's $4-$5 price will soon be a cry for so many investors who will say: "Gee, why on earth I did not buy more shares when I had the chance!" I remember a company called Earthlink Network (ELNK) whose stock was deepressed for so long, and then all of a sudden it ran from about $8 to $44 in a matter of 2 months! ELNK and SPNSF are of course in 2 different business, but the pattern of their fundamentals and business infrastructures are very much similar. Anyway...

Earnings are due in about 4 weeks, it will be very poisitive for the stock (IMHO of course).

Regards,

Addi Jamshidi
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