Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: Louis Riley who wrote (201)	4/18/1997 12:51:00 PM
From: Bob Liu	of 763

Dakin Securities Ups Siebel Sys, Remedy To Strong Buy NEW YORK (Dow Jones)--Dakin Securities Corp. analyst Ed Bierdeman said he boosted his ratings on Siebel Systems Inc. (SEBL) and Remedy Corp. (RMDY) to strong buy from buy. Both companies reported better-than-expected first-quarter earnings after markets closed Thursday. Bierdeman said he was raising Siebel because it ''blew out the quarter.'' He said Remedy's valuations are ''extremely attractive.'' Both stocks sold off sharply on Wednesday after a competitor, Clarify Inc. (CLFY), reported disappointing first-quarter results and said second quarter revenue will show little, if any, growth.

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