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

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To: Nick Tingle who started this subject1/23/2002 4:15:55 PM
From: Uncle Frank   of 6974
 
SAN FRANCISCO (CBS.MW) -- Tuesday's earnings bounty paved the way for bullish tech trading Wednesday ahead of what promises to be another heated after-hours session.

Slated to shake things up after the bell are: Corning, Siebel Systems, Broadcom and many more.

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Setting the tone in the software realm, Siebel Systems (SEBL: news, chart, profile ) is set to post fourth-quarter numbers, as well. Analysts expect the software vendor to earn 9 cents a share on $440 million in sales. Siebel's checkup could very well have a ripple effect in the sector as investors will be looking for signs that corporations will begin to loosen the purse strings on tech spending.

Look for rivals Oracle (ORCL: news, chart, profile), an Island ECN favorite, and SAP (SAP: news, chart, profile) to catch the fallout in the wake of the report.

<snip>

marketwatch.com
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