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Technology Stocks : Sagent Technology, Inc. (SGNT)
SGNT 21.760.0%Aug 30 5:00 PM EST

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To: Carl R. who wrote (88)1/4/2000 7:10:00 PM
From: Steeliejim  Read Replies (1) of 220
 
"Did you look at the rest of the market?" Oh yeah! Kinda hard to miss it. That was my point. I agree much of the slide can be tied to the market overall, but it seems to be a higher percentage decline and started while NASDAQ was still going up. Then I remembered SGNT IPO'd just before mid-year and that might be an explanation. Not concerned. The good SGNT story is intact. In fact, I may add some more tomorrow. I was just speculating on a reason. NETP slid after its first big rise around a mo. ago. Turns out there was a big institutional sale. It turned out to be a good buying op.

Jim
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