Sage Share Discussion Threads

[magpye] 25/4/2002 08:21

Psps, I am wondering what price it will have to drop to to instigate a bounce??
1.90? 1.95? What do you think?

[psps] 25/4/2002 07:54

Will It or won't It.
this is nailbitting

[buy_high_sell_low] 25/4/2002 07:46

By its finger nails

[psps] 24/4/2002 23:49

one day it will happen.

[madam a] 24/4/2002 23:29

Sage looks promising in the morning, but the 210.5 is the upper ceiling and it seems a difficult obstacle to cross over.

[psps] 24/4/2002 15:31

just holding 200p level

[dinos] 24/4/2002 15:21

psps

Trading at bottom of range, sorely, tempted, but given tmt sentiment today, perhaps prudent to wait until tomorrow, below £2 or holds its position, I;m in.

[psps] 24/4/2002 13:57

in a way i agree. its stuck in a very tight range.
a breakout either way, below 200p or above 225p

[buy_high_sell_low] 24/4/2002 13:31

Wouldn't be a bad thing. Be good to find out one way or another whether this is going up or down

[psps] 24/4/2002 13:14

a drop below 200p - NOooooooooooooooooooooooooooooooooo

[buy_high_sell_low] 24/4/2002 13:11

Maybe Sage are pulling out of the HQ for others reasons, like not want a financial noose round their necks when their forecasts aren't looking too hot?

I'm only guessing - have no inside info.

[psps] 24/4/2002 13:03

based on charts and trend

[dinos] 24/4/2002 12:55

psps

what do you base your forecast on to achieve 210 - 225?

regards

[games] 24/4/2002 12:14

Unhappy Sage on verge of rejecting Great Park Apr 24 2002




By The Journal


Software giant Sage is on the verge of pulling out of the Newcastle Great Park development and finding another site for its £50m headquarters.

The FTSE 100-listed company is reconsidering its decision to move there after a series of disputes with the park's two developers.

A source close to the negotiations said: "Talks are continuing between both parties, but there is a really serious risk of Sage looking elsewhere."

The company declined to comment on the claims but the source added that Sage was "very unhappy" over a number of issues connected with the site.

Bosses do not believe that basic infrastructure like water pipes and telephone lines will be operational by the time it moves to the North Newcastle site at the end of next year.

Sage is also unhappy with a contract clause which makes the company, as one of the largest landowners in the park, liable for costs if other tenants pull out.

And it does not want Newcastle City Council inspectors to be able to halt construction of its headquarters if the building process does not meet strict environmental standards.

Sage's withdrawal would be a massive blow for the Great Park development which will contain 2,700 homes as well as a 200-acre business park.

Sage was the first business to sign up and the developers hoped the company's presence would attract computer companies to the site, creating the North-East's own silicon valley.

Its withdrawal would also be embarrassing for Sage which won planning permission from Newcastle City Council in February.

At the time, Sage chief executive Paul Walker said Sage was an "anchor" tenant and would hopefully attract other IT companies to the business park.

However, it is understood that Sage, currently based in South Gosforth, Newcastle, is not considering a move out of the region and would relocate somewhere else in the North-East.

But a spokesman for the development consortium, which is made up of housebuilders Bryant and Persimmon, played down any disagreements and said he expected contracts to be signed within the next 10 days.

He added: "These are very, very complex issues but we are talking on a daily basis.

"It would be a big blow (if Sage pulled out). They are an anchor tenant but it would not be an absolute disaster. With them or without them, the site will continue to be developed."

A spokesman for Newcastle City Council, which helped dream up the site, said: "We have been talking to Sage and there are some tricky negotiations to go through. But we are totally confident that the deal will be signed to the satisfaction of all the parties."

[psps] 24/4/2002 12:14

madam a,
ok i will forecast that within a week Sage will go above 210 and then to 225p.

i am watching MMO2 as i need to sell at 53p to get my 3% profit (in two days)
bye.

[madam a] 24/4/2002 12:10

psps,
That one day is very abstract.

[psps] 24/4/2002 09:35

vaikus,
thanks.

[vaikus] 24/4/2002 09:28

psps

There were some heavy sells yesterday, from 210 downward. They need to be closed, so maybe little higher to go.

[psps] 24/4/2002 09:25

Mali7,
its just crossed 210p , so what next ?

[psps] 24/4/2002 08:38

mali7, coming close to 210p.
so far its seems to be UP,DOWN,UP and UP........

[madam a] 23/4/2002 23:15

psps,
There are small buys Qty 11 and 13 shares. I think they were deals to support the offer price. It is possible to see 205/205.5 again after the price of 203.75/205.44 earlier.

[psps] 23/4/2002 20:15

yanks r crazy anyway.
why do we have to follow them

[mali7] 23/4/2002 20:13

sorry to say: US finishes down so believe bad sentiment not gone yet, but will pick this up only below £2, hopefully tomorrow for a bounce later in the week above 210p.

[dani1] 23/4/2002 20:12

Well the yanks did`nt do very well so looking to get in tomorrow sub £2

[psps] 23/4/2002 20:11

sorry don't know