Sagent Technology, Inc. (SGNT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sagent Technology, Inc. (SGNT)

SGNT 21.76

0.0%

Aug 30 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Carl R. who wrote (147)	4/20/2000 10:38:00 AM
From: Czechsinthemail	Read Replies (1) of 220

No question about it, the missed estimates and the muffed handling of the situation certainly punished the stock. What was previously a significantly undervalued stock is now ridiculously undervalued. At this point, the risk to reward relationship looks excellent. Two positives stood out during the conference call: 1. Ken Gardner buying $1.2 million in SGNT shares at around $17 to $18 in late February. That's a pretty healthy commitment to the company and its fundamental business. It also means any buyout of the company will likely happen at levels higher than that. 2. Commerce One revenues, which may provide significant growth once product begins shipping, were not included in revenue forecasts. It's targeted for later this quarter. I bought a small amount yesterday during the carnage. Baird

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next