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

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To: syborg who wrote (3696)7/29/2000 7:04:33 AM
From: Trader Dave  Read Replies (1) of 6974
 
I can't argue with an investment in the company, but using margin is suicide, I wish Greenspan would eliminate it entirely, that would dampen the volatility a little.

it is impossible to call the short term and if the nasdaq sell off continues, i don't see why sebl would hold $135.

I do think SEBL's fundamentals are better than ever, but the valuation is also near all time high levels.

Until the lemmings selling off this market realize that yes, the pc is dead, voice communications is a profitless business (both service and equipment) and b2c e-commerce is a ticket to selling at a loss and making it up in volume, but that building out the crm and ecrm backbone is a foundation to new b2b and b2c business process, we're in for ugly times.

it may take another few quarters of great execution despite slowing pc growth.

TD
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