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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...? -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (651)	10/27/1997 6:26:00 PM
From: Dan W.	Read Replies (1) \| Respond to of 1936

I agree that SPNSF should be bought not sold at current levels. Earnings will be reported on 10/31 and hopefully we will see further evidence of future business. My guess is that while earnings will not be the catalyst this Qtr, in 1998 we will see results in the range of $.41 and future growth that looks to be about 50%. Evidence of this business will be highlighted during the conference call as Mgt will highlight the growth in the business pipeline and backlog. The key to the downside in the Stock at this level is whether investors are expecting EPS in this Qtr to be the catalyst to move this Stock higher. As I understand it, revenues are only suposed to be up slightly to $10.4M and EPS before charges should only be around $.02. The good news is that the operating profit will have increased over 300% to $850,000.