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 (172)	6/7/2000 11:44:00 AM
From: Czechsinthemail	Read Replies (1) of 220

Carl, Thanks for your informative posts. I'm not close enough to the business to be able to evaluate how SGNT will compare with its competitors. But having a sequential decline in revenues creates a perceptual problem for SGNT -- it does not look like it is growing. I'm not sure about SGNT's product line, but it does look like they are having more problems closing their sales than other companies. If this proves to be a short term glitch, SGNT's potential is enormous. If it is an indication of underlying problems at the company, SGNT may not have as much potential as others. From the posts I've read on the Yahoo thread, I gather that most people there are assuming the short term glitch case. However, there seems to be a fair amount of selling -- perhaps by institutions deciding to exit. The other concern is that I haven't seen news announcements suggesting blockbuster contracts for this quarter. Since the company has issued some press releases, the lack of real WOW news is a caution that the quarter may be underwhelming. I currently have no position in SGNT. I traded in and out following last quarter's debacle. For now, it is one that I'm watching.

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