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

To: Walk Softly who wrote (1681)	6/22/1998 2:02:00 PM
From: uu	Read Replies (2) \| Respond to of 1936

Craig: > Still heading south in the midst of its best quarter in history.... Yes, but I think Wall Street still has a tough time believing it! It is true that in Wall Street bad things of the past can be forgiven but not forgotten so easily! And this is the case with SPNSF. The confidence is not there yet for people (the big guys) to believe Sapiens is capable of having impressive growth in revenue and earnings. The last time they (the big guys) did believe Sapiens (back in 1992-1994) they ended up feeling like a bunch of fools after SPNSF restated their earnings! However things are definitely in place and are working great now. My ex-colleagues at Sapiens tell me the moral is very high and things are going very well and they have so much work they dont know what to do! And yes I am buying at this price (actually bought some at $6 15/16 a few minutes ago), and am planning to buy more if it falls to the low $6's (not impossible but highly improbable). I continue to strongly believe that a bit of patience with Sapiens and it could be extremely rewarding. One more quarter of solid revenue and earnings growth and this stock can move up in a blink of an eye. Regards, Addi Jamshidi P.S - The short interest continues to be very low (See viwes.com ), and in fact decreased during the month of May (a sign that shorts are aware of undervaluation and the very low risk to the downside).