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

To: uu who wrote (1454)	3/17/1998 6:58:00 PM
From: pippin	Respond to of 1936

I like the volume of late but we again hit resistance around 8 5/8. It sure would be nice to hear some good news from the company to keep this recent momentum going. Otherwise, we may begin to drift again. We haven't heard anything for a month now. Based on the recent $4M, $2.5M and last quarters large contract, where do you think their earnings estimates might be 1Q? I wouldn't expect much revenues from the last 2 contracts yet as these projects are probably still being mapped out. However, the projects from large contracts last summer and fall must be in full progress by now and generating some good revenues. Also, do you know when they expected to have the acquisition of the insurance consulting firm completed? Will that be represented in their 1Q numbers or not? Thanks.