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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (13664)1/27/1999 7:42:00 PM
From: Risky Business  Read Replies (1) | Respond to of 13949
 
Sapiens Conference call couple of highlights

No revenue was taken this quarter for Euro, all will be taken in 99'

Sapiens expects strong demand for Euro services for 3 years.

Sapiens expects the euro market starting to really heat up about 6 months from now.

Possible new E-commerce client

Validation and testing for Y2k from this point on, SPNSF does expect anymore Y2k remediation contracts unless they find significant mistakes in testing. They are testing code remediated by other IT firms.

33 million in cash, up from 23 million in 97'

I was surprised by the number of analysts calling in from different companies all congratulatory and excited about the future prospects from this company. I think we will get more analyst coverage soon and that is just what Sapiens needs. Any further decline in stock price will be taken as a gift to me as I will accumulate as much of this stock as I can. Im currently at about 25% sapiens and would increase my % largely given further price erosion.

Very Bullish on Sapiens,

Risky Business

Price at close today was 10 1/4. I still expect the 20's 6 months out, barring a market meltdown. <g>