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

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To: Wizard who wrote (2959)7/20/1999 11:26:00 PM
From: Trader Dave  Read Replies (3) of 6974
 
This is incredible:

thestreet.com

"But the solid quarter with its sequential drop in day
sales outstanding, or DSOs, was still not enough to
change the mind of Adams Harkness Hill analyst Ben
Rose, who said he will stick with his sell
recommendation on the stock. DSOs, a measure of how
fast customers are paying for products, fell to 95
from 99 last quarter and were one of several reasons
Rose downgraded the stock about a week and a half ago.

"DSOs are only one of several concerns," Rose said.
"The company is still at a red line. There are still
balance sheet issues that raise a few eyebrows." Rose,
whose firm has not underwritten for Siebel, declined
to give more detail immediately after the conference
call".

What does "still at a red line mean?"
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