Siebel Systems (SEBL) - strong buy? Message Board

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

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To: mtnlady who wrote (3685)	7/21/2000 5:22:41 PM
From: Boplicity	Read Replies (3) of 6974

Stock broke below support at 160 area, mid 140 is the next area for support. One has to wonder about the staying power for SEBL as compared to a stock like SUNW. SEBL earnings were impressive, but priced in as you can see by the reaction to them. The stock should not be selling down and breaking resistance like appears to be if value was seen. The tell will be how SEBL recovers next week from the "Sell The News" action we saw today. I have feeling that an extended base building period will be need, maybe two qr., for the market to come to terms with the SEBL's current valuation. Greg

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