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


To: TheInvestor who wrote (1219)2/19/1998 11:58:00 PM
From: Risky Business  Read Replies (2) | Respond to of 1936
 
Did you guys see that First call is estimating only .05 for next quarter (march)!? Is this an accurate estimate or are we going to have a major earnings BLOW OUT next quarter. Also how does this article pertain to Sapiens? It is listed on their web page.

Taken from "Men in Blue" by William J. Cook, published in US News and World Report on February 16, 1998.

"...Managing the worldwide movement of materials, parts, and finished goods between manufacturers and retailers is an enormously complex problem that IBM expects to become a big part of e-business. It has developed a suite of programs called TransConnect that tracks every aspect of the shipment of goods, from managing the paper trail to monitoring the movement of trucks, planes, and ships. TransConnect is an example of an IBM solution: a total package, with expert help, that transportation companies can use to save big bucks. Ryder Integrated Logistics, the biggest provider of logistics services for other companies, is beginning to use TransConnect. When one of Ryder's manufacturing customers gets an order from a retail chain, TransConnect will schedule carriers to ship the goods, generate all paperwork, track the goods, and notify the various retail outlets when their orders will arrive. Raymond Greer, a Ryder senior vice president, says TransConnect already is cutting shipping costs by up to 40 percent for some customers..."

regards,

jay