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midastouch017

07/27/05 7:00 AM

#6 RE: lokumarji #5

Hi lokumarji,

<Not a big deal>

True.By itself indeed no big deal, however if you read their
last announcements,

1/"Formula injects $2m into Sapiens to retain Nasdaq listing,
”Sapiens has good parents. We decided to prevent demotion of the share to the SmallCap Market. The company has no cash flow shortage,” Goldstein said yesterday. “I believe that the second quarter will be better than the first.” (post # 1)

2/Panasonic Awards Sapiens with a $1.5M Application Support Contract (post # 2)

Now this announcement.It all adds up.

"Many drops of water shalt fill the ocean" - source unknown.

Welcome o'board,

Dubi

P.S. i just love a company with 'good parents'....