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

To: Tumbleweed who wrote (1569)	5/7/1998 1:16:00 PM
From: Walk Softly	Respond to of 1936

Joe... my sentiments exactly.... you can bet I'll be addressing sale of the company during the conference call.... I have to believe SPNSF selling at deep discount to market is a result of the old and settled lawsuit.... Craig

To: Tumbleweed who wrote (1569)	5/8/1998 3:11:00 PM
From: R. Bond	Read Replies (1) \| Respond to of 1936

Joe, An excellent point that is good to always bear in mind. Especially with the way the price runs into a brick wall. >>Cheap stock, good customer base, experience not only in Y2K but Euro...<< Just to remind you, there's more. * ObjectPool is at the core of this business. This is where the company will experience growth, long-term. See the Transconnect deal for a start. * There is also i.way. Sapiens i.way allows you to: Extend legacy applications and data on the Web. Create new e-commerce and Intranet applications faster. Take advantage of rule-based object technology. Produce scaleable, integrated, cross platform solutions - from PCs to mainframes. Extend the C/S world to include Internet, intranet and extranet users as clients - all using one common interface. With ObjectPool and Sapiens i.way, you can make existing and new applications, including those with legacy data, rapidly accessible through the Internet; or an intranet or extranet. Sapiens i.way takes advantage of Dynamic HTML, Java, and other Web-related technologies. * Sapiens majority holding in InsurTech was a good move that adds an extra dimension to the Company. * Sapiens has announced $26.7 million in Y2K contracts since the beginning of December. Plus a $2.5 million contract with The Israeli Ministry of Labor and Social Affairs. * The Transconnect deal with IBM is set to net 10-12 million over threceive a fee e next 5 years. From the website: Sapiens will for each shipment transaction the TransConnect customer generates, and its share of the annual shipment fees related to the contract is estimated at $5 million over the next five years. In addition to the per-shipment fee sharing arrangement, Sapiens expects to earn $1.5 million in revenues annually from consulting services for the TransConnect offering. There's a lot happening with this company. Wish they'd get busy looking after the shareholders, too. Cheers, Bond