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


To: Dave Baker who wrote (807)1/10/1998 8:23:00 AM
From: Alex  Read Replies (1) | Respond to of 1936
 
To all,

There's no doubt that Sapiens will earn a bunch of money in the next couple of years because of their y2k solutions, but I'm still thinking past the year 2000 and whether or not they can continue to expand their business.

There has been some discussion on this board about getting a foot in the door of a client company because of the y2k solutions and becoming a preferred provider thereafter, and I realize they have an internet solution package and client/server, but will their non-y2k products and services be enough to match the earnings they will make in the next 2-3 years? If there is a dropoff in earnings projections, there will probably be a dropoff in the stock price.

So, I'm wondering if Sapiens will use the bunches of money they are about to earn to buy either selected products or even a whole company to ensure future earnings growth past the year 2000. And if that happens, won't the chances increase that Sapiens itself will be bought out and we will all have smiles on our faces?

Does anybody have an idea about what Sapiens' plans for the future are?

Alex