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: Carl R. who wrote (149)	4/26/2000 10:09:00 PM
From: MGV	Read Replies (1) of 220

Sagent management did not manage the matter well at all. The stock is dead money for the next 90 days at minimum. Sometime between 90 days (if they deliver on Gardner's representation that revenue will grow 25-30% sequentially in the current quarter) and 180 days (if the CommerceOne product delivers revenue in the 3rd CY quarter) the stock price could move assuming the miss this quarter was no more serious than a one time financial controls oversight and doesnt catalyze sales defections or undermine product acceptance through competitors' FUD tactics. In short, there are many uncertainties extant for this stock. I would be encouraged by a change of the CFO.

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