Sagent Technology, Inc. (SGNT) Message Board

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Technology Stocks : Sagent Technology, Inc. (SGNT)

SGNT 21.76

0.0%

Aug 30 5:00 PM EST

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To: Paul Oberlin who wrote (97)	1/19/2000 10:29:00 PM
From: Carl R.	Read Replies (1) of 220

Monster sales at SGNT. They easily exceeded my target of $12.3 million, coming in at over $16 million. They recorded a loss of $.22 due to a non-recurring loss, but otherwise would have had a small profit. Both Marketing expense and R&D expense were up tremendously. R&D rose from $1.9 million in Q3 to $3.6 million in Q4. Marketing expense went from $5.3 million in Q3 to $8.0 million in Q4. All these numbers are huge! They are ramping up to become much larger, and very soon. The stock traded at about $27 in after hours, but I think that it should move much higher tomorrow. My guess is that we'll see mid to high $30s. Carl

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