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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Uncle Frank who wrote (4506)3/4/2001 10:03:22 AM
From: khacha  Read Replies (1) of 6974
 
In terms of result, it is easy for a customer to postpone a buy for just one month, and then they will be booking the expense already in the next quarter. That would make the customer's earning look better, and Siebel's earning look
worse.
The vendors who sell big ticket items, and whose sales are concentrated towards the end of the quarter usually are particularly vulnerable to that deferment.
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