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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Richard Forsythe who wrote (3076)10/19/1999 6:16:00 PM
From: Trader Dave  Read Replies (1) of 6974
 
this is the natural result of two things:

1) maintenance fees and renewals increase as the company gets older. (counted as part of services)

2) As the company's footprint expands the demand for sebl delivered services increases.

Sebl grew licenses more on a year over year basis than the total license revenues of their largest competitor. Largest competitor being Clarify or Larry's liars depending on whom you believe.
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