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

To: R. Bond who wrote (1575)	5/9/1998 1:25:00 PM
From: Walk Softly	Read Replies (1) \| Respond to of 1936

RB... what's really funny... when the issue first went public... the MMs took'er on up 30ish in a matter of weeks.... then they smoked it... and the company gets sued.... if that ain't a scream:-) Bleichreoder has the relationships to move the stock.... they did last June in conjunction with a couple of other retail houses.... the Motive??? Well they got paid handsomely to wirte/float a convertible and then convert it... this was to pay the lawsuit... I think the convert price was 6... after the job was done seems they have chosen to stand off pushing (though they still cover with Jim Friedland who really isn't an expert tech analyst).... and the price dropped almost back to the convert price... this wouldn't be the first time this happened in the small cap arena... they definitely need a new powerhouse champion like H&Q or C. Roth.... if SPNSF can bring some decent $s to the bottom line in the way of a surprise these houses would love to look good to the market going with strong buy ratings prior to the quarters announcement.... second quarter is supposed to be the BLOWOUT.... let's see if we don't pick up some buy recs going into the end of the 2Q..... C ya