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

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To: The Gambler who wrote (3389)3/7/2000 3:54:00 PM
From: mtnlady  Read Replies (1) of 6974
 
Yes very overdue for a split. At least at the marks Siebel has split at in the past. It could be Siebel is letting the stock 'run' for a bit as everyone elses stock is in the 100+ range. Also if they want to grab a bit of press with a 3-1 split, rather than the 2-1 norm they have done in the past, they would need to let the stock price move up a bit. My bet is that they will announce a split either after this month's board meeting or the next. When the board meets is not published but they meet once a month. I can't see Siebel waiting much beyond that to announce a split. My bet is after this months board meeting it will be announced with the split taking place end of May/June time frame. This would encourage folks to hang on to the stock through tax time. Just a wild you-know-what guess though. Stock split announcement will be soon though.
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