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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: 2MAR$ who wrote (178)6/17/2000 10:35:00 PM
From: Carl R.  Read Replies (1) of 220
 
Of the $3.5million, $3 million is related to software sold to CMRC to be embedded in a CMRC product. The CMRC product will finally ship in July, supposedly. Expect no revenue from that contract until Q3. As for the other $.5 million, it was for a sale to a dot.com, and it won't be recognized until the dot.com gets funded. I have no idea if they got funded this quarter, but they may not have given the stock performance of dot coms this quarter.

They may make the quarter, but these contracts probably won't help.

Carl
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