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Technology Stocks : Sagent Technology, Inc. (SGNT) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Oberlin who wrote (97)1/16/2000 1:43:00 PM
From: MGV  Respond to of 220
 
Sure Paul - short on time at the moment but will respond later. - Mark



To: Paul Oberlin who wrote (97)1/19/2000 10:29:00 PM
From: Carl R.  Read Replies (1) | Respond to of 220
 
Monster sales at SGNT. They easily exceeded my target of $12.3 million, coming in at over $16 million. They recorded a loss of $.22 due to a non-recurring loss, but otherwise would have had a small profit. Both Marketing expense and R&D expense were up tremendously. R&D rose from $1.9 million in Q3 to $3.6 million in Q4. Marketing expense went from $5.3 million in Q3 to $8.0 million in Q4.

All these numbers are huge! They are ramping up to become much larger, and very soon. The stock traded at about $27 in after hours, but I think that it should move much higher tomorrow. My guess is that we'll see mid to high $30s.

Carl