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

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To: Trader Dave who wrote (3065)11/18/1999 6:44:00 PM
From: Beltropolis Boy  Read Replies (1) of 6974
 
>Two drunks propping each other up.

(quite obviously, i can't get enough of that quote.) <vbg>

so ... you know i'd love to hear how you'd characterize the (re)entree of big blue?

betty ford ... ?

but perhaps this topic isn't even worthy of today's beajolais (third thursday of the month if you hadn't noticed).

to steal a line from a friend of ours (NN):

NotafraidtodrinkitstraightfromthebottleCM

wavplace.com

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PeopleSoft stock jumps on IBM buyout rumor
By Bloomberg News
Special to CNET News.com
November 18, 1999, 1:30 p.m. PT

Shares of PeopleSoft rose as much as 18 percent on speculation that IBM is interested in buying the struggling maker of business-management software.

PeopleSoft has been the subject of recurring acquisition speculation as it has struggled to boost revenue amid corporate delays in software purchases. Some investors and traders have said IBM might be interested in buying the Pleasanton, Calif.-based company because it would expand IBM's software product line.

Kip Meintzner, head of PeopleSoft investor relations, declined to comment. IBM also declined to comment.

PeopleSoft shares are little changed in the last year, rising 3 percent.
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