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back to article Sage update fails to convince the markets

UK accountancy software firm Sage has failed to convince the stock markets that all is well despite issuing a statement saying that it expects results for the half year ended 31 March 2008 to be in line with expectations. Sage shares are down three per cent at the time of writing in a market which is down one per cent. It is …

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  1. Matt Bryant Silver badge
    Coat

    Analysts looking for consolidation?

    With the much hyped, self-fulfilling economic downturn stories that the media have been beating us all up with lately, it seems that all the analysts are expecting a spate of acquisitions and mergers. Question is, whom do they think has the cash to afford Sage? The Beast of Redwood City is probably too busy digesting its last snack, and Mickey$haft look set on some Web food, not an accounting package.

    Hold on a sec - Sage HQ is in Newcastle! Gordon will nationalise them if they get too desperate so he can keep the World's three working Geordies voting Layboower.

    I'll have the wax jacket with the legend "If it's North of Watford it's another country"....

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  2. J-Wick

    sage

    sage

    /goes in every field...amidoingitryte?

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  3. Blubster
    Thumb Down

    "It is not clear what is causing the bad feeling"

    It's because their products are shite, and the `support` is even worse.

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