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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: Carl R. who wrote (189)12/31/2000 3:27:22 PM
From: Area51  Read Replies (1) of 220
 
Hi Carl,

Are you looking for a January effect dead cat bounce or something more lasting?

Sobering Chart:
siliconinvestor.com

VIAD is kind of interesting here. The price/sales for sgnt and viad is similar but at least VIADs revenues are monotonically increasing at a nice rate. And at least VIAD is pursuing a goal of profitability by the end of 2001. I think sgnt and viad are reasonable purchases here as long term calls without an expiration date. Hard to believe that 12 months ago people were happy to pay $30 to $40 per share for these stocks (and probably 1.25 for a 3 month call for the right to purchase at $50 per share) but are reluctant to part with $1.25 per share today.

I should have sold at the last quarter results but was busy at work around then, and let myself me bedazzled by Barnes interview (http://www.sagent.com/news/barnes_interview.html). Rereading it, I guess he didn't say anything that he was not obligated to say since he accepted the CEO position.

Best Regards,
Area51
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