We present a re-analysis of the decay b --> sgamma in the Minimal Supe
rsymmetric Standard Model with radiatively induced breaking of the gau
ge group SU(2) x U(1). We extend this analysis to regions of the super
symmetric parameter space wider than those previously studied. Results
are explicitly presented for m(t) = 150 GeV. We discuss the consequen
ces of a measurement of this decay at the Standard Model level for fut
ure searches of charged Higgs and charginos. In spite of the strong se
nsitivity of this decay to the effects of supersymmetry, we find that,
at the moment, no lower limit on the mass of these particles can be o
btained. The large chargino contribution to the branching ratio for b
--> sgamma obtained at large values of tanbeta is effectively reduced
by pushing the lightest eigenvalue of the up-squark mass matrix closer
to the electroweak scale, i.e. by increasing the degree of degeneracy
among the up-squarks.