You have my sympathies. What are you going to do
when SAPE hits $5. a share? You should have cash on
hand because you are going to have to buy another
18,000 shares at $5 to keep from losing your ass
totally. Forget margin. You had a good chance to clean up
in this stock but you held it too long now.
....and the confession is going to be BAAD
My experience has always been when the company is
silent it is to cover up bad news. Good news is easy to
report. Bad news is much harder to report. You had better
hope SAPE does not suck you to $5. It is very
possible. SAPE's industry has been taken to the cleaners
and for this company to sell above $10 is a priced in
For the record I am LONG sapient - 18000 shares
since sapient's IPO 1996 and have known the company
since 1994. This is a company built to last. You are
looking at the next CISCO of this sector. Added another
3000 at 10.75 today. Don't want to go on margin now.
Will sell some CSCO on monday to buy more Sapient.
he's an analyst wannabe. He hasn't had an
original thought since I got on this board. Economy is
weak, everyone is warning, sector is sick, stock going
to $0.00. blah,blah, blah. Doesn't even have a
position, - what a poser !
Sapient does not have a policy or obligation to
respond to stock price changes every now and then. In
fall 1998 when the stock tanked from 75 to 31 they did
not respond. Why should they respond now. Just
because looser companies such as iXL,agency.com are
missing estimates? They will have an answer for us in
You guys need to understand the dynamic
If Sapient were able to affirm Q1 and 2001 guidance
There is no reason to subject your
shareholders to a continually declining stock price amid
speculation about downward earnings revisions.
earnings estimates remain unchanged, a simple press
release or statement would end all of the
Of course, poorly managed companies can concoct all
sorts of reasons that it doesn't make sense to
communicate with shareholders. Maybe it's just arrogance;
maybe there are strategic reasons related to layoff
planning or acquistions discussions; maybe there were alot
of insider sales so they want to create distance
between the sales and the warning; maybe they don't want
to deal with reality...
There are lot's of
potential reasons, but in the end it's usually not at the
shareholders advantage to have information
Company's that withold information or ignore shareholder
requests are usually not protecting shareholders. They are
usually protecting management.......and inevitably that
leads to problems.
Nobody on the outside can say
for sure what is going on. But there is good reason
to be very concerned that whatever it is, is not in
P.S. A fall from 75
to 11 is enough to frustrate any shareholder, but
you haven't seen anything yet if there is a warning
that was preceded by insider selling, all while
shareholders were requesting guidance.....that's when
frustration becomes an entirely different emotion.
Once again, no one doubts that Sapient will be a
winner in this game (long-term), but that said, what is
the true value of this company right now. The high
value was based on projected extrodinary growth over
the next 3-5 years. Guess what, that's not happening
So do the math. 10 to 20 time earnings
and what do you get? Or go 1.5 to 2.5 x revenue.
Either way you're looking at about half of what it's
Yeah $650 Million isn't a bad
valuation for Sapient when looking at thier
I'm betting she's headed south in the near term and
then will be back up to it's current vluation later