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

To: Maslow who wrote (1050)	2/9/1998 10:09:00 PM
From: marcher	Read Replies (1) \| Respond to of 1936

Dan, thanks for your report of the conference call. <<They paid a "few hundred thousand dollars in stock and cash>> If stock is issued at $7/share, the dilution should be less than 3% (someone please check the math). This is insignificant. I wonder if terms of the previous settlement (and dilution) have been determined. Addi, maybe you can help here. Might this have something to do with today's selling? I also suspect that spnsf lacks the employees/consultants needed to cover Y2K backorders. The insurance play might have more to do with long-term plans. Looking at the chart, if stock sells through 6 1/2 I'm expecting to see 5 1/4. I think and hope 6 1/2 will hold, however. good hunting --marc