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

To: MGV who wrote (151)	4/26/2000 10:55:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 220

I agree, and have posted the same over on Yahoo. There are some reasons why it may recover quicker than normal, though. (I would consider normal to be 6 months). First and foremost I suspect that part of the problem was integrating QMS, though I have nothing other than a hunch to go on. Furthermore they continue to plow money into R&D and Sales at a very fast rate, and those expenditures should eventually result in a return to fast growth. On the other hand, if they can't grow faster than the industry leaders (COGN, BOBJ, BRIO), then they will never become big enough to be a viable competitor, long term, and they will struggle along as an also-ran. Just think where the stock would be if SGNT had issued this pre-announcement on March 31: March 31- Bogus Newswire Due to cross-training issues related to the acquisition of QMS software, SGNT is disappointed to report that they will fall short of analysts projections for the first quarter, and will report sales of approximately $14.5 million for the quarter. The cross-training has been completed, and SGNT expects strong growth to resume in Q2. SGNT would also like to report that they already have in hand contracts for $3.5 million, some of which will be recognized in Q2. If they had issued that PR, the stock would certainly be trading in the 15-17 range even now. Then the signed contracts become an asset, not a liability. Based on the way the stock is holding firmly at 7, the possibility exists that the stock could start to move up sooner than even the 90 days you describe, though it probably won't move quickly. Carl