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

To: uu who wrote (740)	11/21/1997 12:49:00 PM
From: wpckr	Read Replies (2) \| Respond to of 1936

The day traders are having a ball with us. Our local FOX station did a special on the y2k situation. Visibility of that problem increases. We sit with dead money waiting for something to happen. ~~~IMOH, it will take solid earnings gains for SPNSF to move ahead. News will not do it much short of a buy out. I will remain long but I'm reducing my position for a second time. I do not like long periods of dead money. I will load up on solid news.

To: uu who wrote (740)	12/1/1997 9:30:00 AM
From: DD™	Read Replies (1) \| Respond to of 1936

RESEARCH TRIANGLE PARK, N.C., Dec. 1 /PRNewswire/ -- Sapiens International Corporation (NASDAQ:SPNSF) today announced the signing of a non-exclusive worldwide agreement with EDS for use of the Sapiens Falcon2000 assessment and remediation workbench. EDS, through its CIO Services unit, will use Falcon2000 to assist its client base with Assembler year 2000 compliance issues. "The agreement between CIO Services and Sapiens delivers another Year 2000 solution to clients and world-class integrators," said Monica Wooden, Sapiens' senior vice-president. "A global information services leader like EDS can provide an enormous reach and depth in assisting clients tackle such a difficult language as Assembler." "By adding Sapiens Falcon 2000 to their Y2K arsenal, EDS is addressing assembler issues with a robust automated solution," said Carl Greiner, vice president, Meta Group. Software Productivity Group estimates that there are 1.5 million programs currently in use in the United States alone that could require conversion for year 2000 compliance. Assembler code is much more difficult to fix than 3rd generation languages such as COBOL, because the logic is often obscure and date values are hard to find. Falcon2000 analyzes the flow of instruction in Assembler programs, determines where changes should be made, and makes those changes. It utilizes an interactive engine in a Windows NT-based GUI environment. This engine efficiently and accurately applies a uniquely rigorous solution that significantly reduces the time and cost of a year 2000 project.