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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Lee L. who wrote (4551)3/6/2001 9:27:29 AM
From: Mike Buckley  Read Replies (3) of 6974
 
Lee,

Now, I believe they should make a statement on how they're doing.

Why? So management can placate the short-term traders who want to know what the stock might do tomorrow? Especially with the new, lower valuation, do long-term investors really care how the company is doing this month? This quarter? Sure, we care to a limited degree. But if the long-term fundamentals remain on track (increasing margins, relatively rapid growth, penetrating new markets), we really don't care how the numbers will look over the next couple of quarters.

--Mike Buckley
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