Siebel Systems (SEBL) - strong buy? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Siebel Systems (SEBL) - strong buy?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Trader Dave who wrote (2189)	10/15/1998 12:02:00 PM
From: Konehead	of 6974

I don't know what Eric's reasoning is, but if you look at Siebel's growth in deferred revenues (a think it is a little above 10% sequential quarter over quarter), then it's clear they aren't dipping into their huge Q2 runup in deferred revenues ($25 to $40 million I think) to "finance" this quarter's nearly 100% top line growth. Also, significant decrease in DSO. So I'm concluding that the top line growth this quarter represents solid revenue. I'm looking for this growth rate to continue for several quarters before we start getting to a more sustainable growth rate (in line with the front-office market growth rate)as Siebel stabilizes at 50% market share. Who knows, Siebel should even get more share since the rest of the front office market is so fragmented (i.e. there are a lot of small fry and no other Siebels).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next