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

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To: TEDennis who wrote (1887)1/30/1999 4:07:00 AM
From: Risky Business   of 1936
 
Ted, consider it a gift I sold half my shares at 10 3/4 and bought them back at around 9. I view this as a discount to the inevitable rise. I cant think of a better stock to own right now. I would like to accumulate around 5-6 thousand shares before it resumes upward. I might buy some more at 8.5. If it goes to 7.25 Ill buy even more. If it breaks that Ill buy on margin. <g> That's my plan. I was just thinking, when the internet bubble bursts will people invest in CD's or pick up shares in companies with real earnings? I have my "safe" money in COSTCO, COST I bought in at 44. Everything I have learned about investing over the last 4 years or so is telling me that Sapiens WILL be at least 15 in six months. I thought the conference call went well. Euro will start heating up soon, maintenance contracts coming in. If someone knows a better value right now in a stock, do tell.

P.S. If a peice of crap stock like CSGI can go up over 300% on the hint internet sales. Just think what will happen if SPNSF lands a big E-commerce contract AND it gets some good press?

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