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

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To: Trader Dave who wrote (3833)8/24/2000 12:45:57 PM
From: BDR  Read Replies (2) of 6974
 
A couple of excerpts from today's WSJ, page B12:

EX-ORACLE PRESIDENT LANE JOINS KLEINER PERKINS

Ray Lane, former No. 2 executive at Oracle Corp., hardly has a bad thing to say about his former employer - except that it is a company full of yes men who tend to be less than candid about their products.

He said... that Mr. Ellison is utterly dominating the company right now, something that might prove to be harmful in the long run, since Oracle won't be able to develop the strong management team it needs.

The executives now reporting to Mr. Ellison, said Mr. Lane, "are not decision makers. They aren't leaders. They just do what Larry says. They wouldn't know how to make a decision without Larry making it for them."

>>

I'll continue to hold Siebel and pass on Oracle.
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