SAGI - Sage, Inc. , Nasdaq files for IPO

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

An SI Board Since August 1999

Posts	SubjectMarks	Bans
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Emcee: Bill on the Hill	Type: Unmoderated

Introduction Compact

Sage Inc. files to raise $34.5 mln in IPO

sageinc.com

WASHINGTON, Aug 30 (Reuters) - Sage Inc., designer of high performance processors used in digital displays, filed to raise as much as $34.5 million in an initial public offering, according to a filing with the Securities and Exchange Commission filing.

The San Jose, Calif.-based company didn't disclose how many shares it plans to sell.

The company said it plans to use the proceeds raised from the IPO for general corporate purposes, additional working capital, and possibly to acquire complementary technology or businesses, the filing said.

Sage, which applied to offer its shares on Nasdaq under the symbol (Nasdaq:SAGI - news), had $617,000 in net losses during the second quarter of this year.

Sage's manufactures semiconductor processors for digital displays, screens that don't use as much energy and don't produce as much heat. The processors are also compatible with existing personal computers, display monitors, and emerging display devices like flat panel screens and projection devices.

The company is led by chief executive officer and president Chadrashekar Reddy who previously worked at Intel Corp. where he held several design and program management positions.

The $34.5 million figure cited was used only as a basis to calculate the SEC registration fee, the filing said.

The underwriters include BancBoston Robertson Stephens, Prudential Securities Inc. and Needham & Co. Inc.

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Reply	Message Preview	From	Recs	Posted
69	Anyone have an update on this stock? Sage Ranked 84th Fastest Growing Technology	bysfbay	-	2/10/2002
68	Looks like the Faroudja acquisition is beginning to bear fruit. Thoughts? sili	Pierre	-	7/12/2001
67	IBM and flat panels IBM placed a very expensive 3/4 page ad on the back of the W	dogemup	-	3/26/2001
66	Interesting. Sagi seems to be holding up relatively well the last few weeks. Hop	John Liu	-	1/5/2001
65	Interesting article: I'm sure there will be much more out of the 2001 CES.	Bryan	-	1/5/2001
64	You were right. I should have waited abit longer. Still made pretty good money o	John Liu	-	11/29/2000
63	Hi John, We are now at about 1 month of <b>higher than average volume</	Bryan	-	11/24/2000
62	It seems like whenever sagi falls recently buyers always raise it back up by the	John Liu	-	11/23/2000
61	Yes, SAGI is doing very well, especially given the current market environment.	Bryan	-	11/15/2000
60	SAGI- well it is up in excess 0f 100% since i powted over a few monthes ago... D	$Mogul	-	11/14/2000
59	Ooopps, I apologize. I wasn't looking at it from that perspective, but you	Bryan	-	11/9/2000
58	I agree. I actually think that the struggle of HDTV actually boosts Sagi's p	John Liu	-	11/8/2000
57	I'm not as concerned about the future of HDTV as I am with the future growth	Bryan	-	11/8/2000
56	Based on recent personal experience I think HDTV is going to be one of those ste	Jerry Whlan	-	11/7/2000
55	Below is a section of article by Technology Investor Magazine that listed top 14	John Liu	-	11/7/2000
54	Agreed. I think by the end of the day it would rally(like the last few days) as	John Liu	-	11/3/2000
53	There is a very significant tidbit of info in that article that makes Sage Inc t	Bryan	-	11/3/2000
52	eetimes.com Currently expecting more then 100% gain on SAGI after reading the a	John Liu	-	11/2/2000
51	Another Mogul Winner :)) 100% is not bad..no? Message 14122854	$Mogul	-	11/2/2000
50	Quiet around here. Since the last message on Oct 22 we have jumped from around $	John Liu	-	11/2/2000
49	Well, looks like all that accumulation paid off Fri. SAGI did 45% on a profitabl	$Mogul	-	10/22/2000
48	LG Electronics Selects Sage's Jaguar 200 Display Processor for Top-of-Line F	$Mogul	-	10/2/2000
47	Needham resumes with Buy-$20 Target Needham and Co. resumed coverage of Sage tod	dogemup	-	9/29/2000
46	Communicaton semi's will still be in favor.	$Mogul	-	8/29/2000
45	They do both, this company should be a take out candidate soon at these levels,	$Mogul	-	8/3/2000

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