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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Risky Business who wrote (1795)10/28/1998 6:23:00 PM
From: uu  Read Replies (4) of 1936
 
It is absolutely amazing! What is wrong with the following picture:

1. SPNSF comes out with the best report of its life.

2. It beats the estimates by 11 cents (and the most optimistic whisper number by a penny.)

3. The company officials portray a very strong growth ahead (despite all the global slowdown).

4. H&Q (one of the most influentials brokerage houses in the country - if not the world - upgrades the stock to a strong buy).

And yet the stock goes down! And you can not blame it on the assumption that "Well it had a run up prior to the earnings", because it did not have such a run up!

Interesting, is it not?!!!

Regards,

Addi Jamshidi
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