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

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To: Uncle Frank who wrote (5886)6/24/2002 6:35:14 PM
From: Mike   of 6974
 
Yeah Franky - I was really trying to get one passed you, because I would gain sooooo much from fooling you with my math trickery.

As for my credibility, I think todays share price will bear that out - it closed at 13.99 with a day low of 12.55. I've been shorting this dog since it hit 35 back in March. I was merely sharing what I thought was painfully obvious to everyone but you.

As for Tom's current holdings, it looks like he as sold another 1.6 million shares in April. He is personally holding 33 million shares but he is constantly receiving new option grants from the board. So, if he exercises new options his holding could change. Also, this number does not include shares he holds in trusts. Keep in mind that when he receives a grant, the strike price is pennies (unlike other siebel employees who get the current market price). Because of this, he doesn't care as much about his sell price - its all profit. But don't take my word for any of this because I may just be trying to "get one passed" you.

Don't listen to me franky, keep you money with Tom & company. In fact, increase your long position - I'll be laughing when Tom fleeces you for all your worth.
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