Siebel Systems (SEBL) - strong buy? Message Board

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

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To: Boplicity who wrote (4544)	3/6/2001 1:53:51 AM
From: Uncle Frank	Read Replies (2) of 6974

>> Not until the market is priced in all the reported real or not real negative news or proven the negative news to be wrong, will SEBL be able to stabilize, base and then move higher mostly likely in an outperform fashion, as long as the the recovery of the rest of the market is happening that is. Greg, with all respect, you could replace the name "SEBL" with any tech stock right now and come up with the same meaningless generalizations. The answer to George's question is, there is no company specific reason for this stock to have tanked over the past 2 days. And once we accept this about sebl/ntap/qcom/etc., it becomes clear that it is pointless to fish for rational explanations for the death defying dips that have become so commonplace. It's a given that any tech stock can decline to half its current price pdq for no freaking reason in this market, so there's no sense in trying to pin it on ta/traditional pe ratios/reduced growth/support levels or any other of the "reasons" that are being paraded around specific stock threads. Simply put, the market is spooky, it sucks, and no one knows when it will change. But it will. It always does. jmho, uf

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