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

To: TheInvestor who wrote (816)	1/13/1998 1:24:00 AM
From: uu	Read Replies (2) \| Respond to of 1936

TheInvestor: > Whats your opinion for the short and long term on SPNSF? Short term your guess is as good as mine! SPNSF will fluctuate in direct relation to the overall market (i.e. Nasdaq and the DOW) and the wild fluctuations have nothing to do with the underlying strong (in my humble opinion of course) fundamentals. In the long run, my minimum target price is at around $14/shr. However it all depends how you define this so called long run. After being in the market for a little over 12-13 years and watching how some of these stocks (especially techs) have behaved, I have truly started losing my faith in this whole concept of long run investing (especially when it comes to techs.!! And I have strongly come to believe that in the long run we are all dead! What is important a short window of opportunity in the short run to take a huge profit and run, and then wait for the same window of opportunity to appear to buy the shares you sold at much much much cheaper price and repeat the cycle again! I never thought I would ever say this since I have been a hard core investor rather than a trader, but well, passage of time may change ones behavior and level of maturity (whether in the better or worse direction that all depends on how one viewes it)!! Kidding aside, I still expect SPNSF hit the $10.5-$12/shr range by March time frame. However I have proven to be wrong many times in the past! Regards, Addi Jamshidi