SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...? -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (1087)2/11/1998 1:37:00 PM
From: TheInvestor  Read Replies (1) | Respond to of 1936
 
Seriously all I can say to you is hang in there, the naysayers will soon be gone with all their money and the supporters will come back
and rally this baby. Give it time now and don't worry. I am very confident in Sapiens ability to deliver, they are one fine top notch
company which is going places. We will soon see the stock in double
digit level. Take this price as a buying opportunity.

Regards,
TI



To: DD™ who wrote (1087)2/11/1998 1:48:00 PM
From: Andrew H  Respond to of 1936
 
DD, couldn't agree more. Remember SYNT when it recently dropped below 10? I am hoping the same sort of thing is happening here and that we will soon see a double. Unless there is something we don't know about, the price belies the fundamentals.



To: DD™ who wrote (1087)2/11/1998 1:54:00 PM
From: uu  Read Replies (1) | Respond to of 1936
 
DD:

As difficult as it is at this time be patient! The selling pressure is continuing but I for one see absolutely no reason as why! All I know is that I am more convinced now than ever of Sapiens on going strong fundamentals. They are now playing in a niche part of a niche market (the insurance sector of Y2K)! The purchase of that privately held IT insurance company was perhaps the smartest thing they have ever done as a public company!

And in fact despite the fact that in doing so I will be increasing my average share price, I am planning to add to my existing shares if it drops further. Spaines is now in a niche market and the revenue stream will be very strong for this year with high profit margins. And a little bird is telling me that they are aggressively trying to get involved with US government in solving various US governmental agencies Y2K problems. If successful that would be even a better boost to their revenue for this year. However even without that Sapiens seems to have more contracts and work backlog orders than they can handle, and I have no idea why the management is not more open about their backlogs (believe me it is huge from what I hear but I wished I had the proven documents). Ultimately the proven earnings will drive the stock much much higher. 6 months from now the current decline will simply be a tiny blip that we (at least I) wished could have taken advantage of more! Meanwhile ignore the stock price on a daily basis and come back to it in at least a month from now.

Regards,

Addi Jamshidi