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


To: P. Ramamoorthy who wrote (1866)1/20/1999 12:12:00 PM
From: uu  Read Replies (2) | Respond to of 1936
 
Ram:

Finally the stock is getting the recognition it deserves. The Euro conversion in Europe is going to be a huge money making machine for Sapiens. An old colleague of mine at Sapiens tells me they are being bombarded in Europe with huge demands for their software and consulting services that even they are amazed!

I am not sure how far this stock is going but $15 seems to be the short term immediate target.

I also noticed that Shai Sole (the VP of R&D in Israel) has registered to sell 35000 of his shares (i.e. he has not sold yet but has registered as "Plan to sell"). I recall back in 1994 when I worked for Spaines and asked him at what point he would sell the stock his response was not till at least $20-$25/shr. Considering he has over a million shares and 35000 is not really significant I take his registration of planning to sell as a great sign that he believes the stock is going toward $20-$25/shr. I, personally, may sell a portion of my holdings at $15/shr - but who knows I may end up being greedy!

Regards,

Addi Jamshidi



To: P. Ramamoorthy who wrote (1866)1/20/1999 12:13:00 PM
From: Lucci  Respond to of 1936
 
I get the feeling he got impatient with SPNSF and sold. Many others on here did that. I jumped in and out many times and have missed timed it very often. This run I plan on holding. Things are happening now. Euro Solutions is gonna be big.

Mike