SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Siebel Systems (SEBL) - strong buy?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (3963)9/29/2000 2:34:44 AM
From: Bruce Brown  Read Replies (1) of 6974
 
Siebel, split adjusted, closed at $98.9 on August 31st. It also closed, split adjusted, at $96.9 on July 14th. On March 9th of this year it closed at $83.8. Using Thursday's closing price of $116.48, that means it took Siebel 6 1/2 months to rise $32.68 (39% rise since March). Plenty of analysts were pounding the table around $100 that Siebel was a buy or a strong buy due to the growth and opportunity in the CRM, eCRM markets. Is it a market darling? Yes.

Of course, Apple and Intel declined as much as Siebel rose since March. One in a couple weeks time, the other in a matter of minutes last night. Yet, they aren't in hypergrowth.

BB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext