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

To: Risky Business who wrote (1272)	2/27/1998 2:49:00 PM
From: uu	Read Replies (3) \| Respond to of 1936

SPNSF seems to have practically no short interest! As of this month the number of shares shorted has been reduced by more than 60% to a little over 29K shares (compare to over 73K shares the month before - See viwes.com ), while the short in other Y2K stocks and for that matter most high techs have increased dramatically. Considering that the people who short stocks must know a lot more than the rest of the people in the market (after all they are taking a lot more chance in the stockk by shorting it) I find the reduction is SPNSF's short position a very very very positive sign. It is as if no one really feels the stock has any chance of going lower than its current valuations and in fact has a much more chance of going much higher from the current level. Regards, Addi Jamshidi