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Technology Stocks : SAGI - Sage, Inc. , Nasdaq files for IPO

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To: John Liu who wrote (62)11/24/2000 9:30:31 AM
From: Bryan  Read Replies (1) of 69
 
Hi John,
We are now at about 1 month of higher than average volume for SAGI. I noticed too that the volume and the block trades start to surface in the afternoon, but I wouldn't count on that trend to trade off of. It's likely that this volume may slacken a bit, and that is when SAGI will dip to test the support down in the low teens (possibly $13ish). I'm waiting for that sign to rebuy the shares I sold above $20. I still like the long term prospects for SAGI, and I think you really have to look at this company from that perspective (long term).

Here are a couple decent articles mentioned over at YAHOO earlier in the week. Have you noticed the shrinking FPD prices?

Stanford Resources, which tracks the LCD panel market, says the current market is poised for a price-dropping frenzy.>>>
zdnet.com

Incoming! Cheap flat-panel monitors. >>>
zdnet.com

Good Luck!

-B
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