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

To: Rainforest who wrote (706)	11/11/1997 4:00:00 PM
From: DD™	Respond to of 1936

Puzzling. Somethings not right, I just wish I knew what it was. DD

To: Rainforest who wrote (706)	11/11/1997 4:01:00 PM
From: Andrew Hunter	Read Replies (1) \| Respond to of 1936

Or for that matter IMRS, perhaps the most solid Y2K play of them all? I've barely traded anything for the past 3 weeks, almost always 100% cash with an occasional short. The market has stopped making sense, IMO. I'm a genius now for riding SPNSF from 6 to 10, but for a while there at 10 1/2 I thought I was a fool -- for good reason. SPNSF would shine in better market conditions. The only legit worry is the effect of the settlment on the stock price, once it gets doled out. It's looking more and more like a bear market, which means investors are going to get hurt and traders have to come up with new ways to trade. Good luck, all.

To: Rainforest who wrote (706)	11/11/1997 5:51:00 PM
From: Sam Golden	Read Replies (1) \| Respond to of 1936

IMHO, Its not the buyers getting selective but the shorts getting selective. Just check out the ZITL thread. They seem to be moving in on the highest PE's first. IMO, ZITL is the major cause for allof this. Shorting ZITL was like taking candy from a baby. I never shorted a stock myself until ZITL came out with earnings last week. Covered it today and bought all the SPNSF and IMRS I could at the close. If you believe in the fundamentals of a company then all this doesn,t mean sh*t, just a buying opportunity. On the other hand if you belive these stocks are over valued then go elsewhere. Tech stocks are not for the faint of heart. Its for this reason that I trade them and dont hold for long periods of time. Thats what utility stocks are for. Sam (Btw, I think the the CEO of ZITL should be strung up by his ...)