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


To: Tumbleweed who wrote (1749)8/26/1998 11:34:00 AM
From: Walk Softly  Read Replies (1) | Respond to of 1936
 
Joe... seems like this is BIG in SPNSF/Euro terms.... any ideas of revenue??? 3Q promises to continue the strong trend in rev/eps growth despite the European love for long 3Q vacations... spreading contract revenue recognition (as opposed to lump) allows for this trend to continue...... here's the link for today's announcement...

biz.yahoo.com

The DJIA/NASD/R2K all gapped lower this AM.... best case, there is potential to fill this gap if the markets behave the technical underpinnings which I believe are dominating the markets..... Worst case, R2K could actually slip to the 365 range for a full 25% correction... but, bounce dramatically as the Hedge fund shorts start to cover.... I think they've driven the R2K down as far as they can.... and like a big rubberband, there is pent-up upside energy.... that's if you believe the Earth isn't going to spin off its axis.... Many cults (according to Bruce Brotnov, on the "Sparky's Corner" thread) believe they will be swept from the face of the Earth around the year 2000.... UFOs may be involved.... so maybe there will be a run on the banks/market liqudations etc... begs the question, what do they need their capital for if they're going to another planet??? So maybe, we'll actually get a rally come the Y2K as all the sellers will have left in the UFOs???

Last fall SPNSF paid a vendor in restricted stock which was released into the market yesterday..... gee hope there isn't to many more of those shares going to come to the market any time soon:-)

ES