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

To: uu who wrote (688)	11/7/1997 1:06:00 PM
From: Tumbleweed	Read Replies (1) \| Respond to of 1936

Addi, dont get too carried away with the size of the Y2K market. The determining factor is the salesforce and marketing (and obviously partnerships etc). I doubt any company, even IBM , will get even 1% of the Y2K market. I think most of it is going to COBOL programmers. It doesnt matter how big the Y2K market is if you dont have the sales force to reach a good part of it. I have seen this on some other Y2K threads, where calculations along the same order of magnitude are being done for tiny companies who have about 20 employees and no product yet. I'm not saying we fall into that category, but I'd guess that Sapiens addresses maybe 5 - 10% of the market, and can reach, in the available time, some small percentage of that. So maybe we are looking at 5% of 5%? However, I do believe that when Y2K stocks start turning up, then we will benefit as well, just as we are being punished at the moment. Good trading (but not SPNSF unless you are buying more!), Joe C

To: uu who wrote (688)	11/7/1997 1:22:00 PM
From: TheInvestor	Read Replies (1) \| Respond to of 1936

What are you talking aboute, the price of a stock is based on what the last completed order is. If the going price of a stock is 8 and I offer 8 1/4 and I am the last order. Then my purchase will reflect the price of the stock at 8 1/4, if the MM decide to raise the price to make it more profitable. You are mistaken, small amount of orders can move a stock one way or the other. On the average it takes a great deal of volume to keep it at a certain place. I know for a fact if 100 people buy a stock at a given price, it will gravitate to that value for a significant period of time. Just my observation, playing this game. Regards, Ben