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B of A Conference: Sapient Seeks to Use Its Client List to Reassure Investors

The company makes the point that it doesn't depend on unreliable dot-com spending.

SAN FRANCISCO -- With Internet consulting firms like Viant (VIAN) , having problems, Sapient (SAPE) is insisting that it's fine.

At the

Banc of America Securities Investment Conference

here Tuesday, Sapient Co-Chief Executive Jerry Greenberg said the 10-year-old company sports some of the "world's largest companies" as clients, including

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. Big leaguers account for 85% of Sapient's revenue.

In other words, the company doesn't depend on all those dot-com companies that are having to cut back spending, which is what's

hurting competitors like Viant.

But investors may want a little more reassurance. Sapient was off about 7% Tuesday afternoon.