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

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To: Boplicity who wrote (4604)3/8/2001 9:41:09 PM
From: Stephen M. DeMoss  Read Replies (1) of 6974
 
Will you be glad if it continues tanking as many other quality companies have and go to say 9 by August? I think wisdom is to stay in cash until the trend changes. I too love SEBL and its management. But having said that, I am in shock how it and MANY other quality companies continue to drop. Everyone says they have NO visibility on the future. We are just HOPING the last quarter or two will be good. Presently I am drolling over several companies like Sebl but am taking no position (and have saved myself many thousands in the process). Even when things turn (which I believe they will eventually), it will not be V shaped, not with the visibility issues. I only am short a thousand shares of chkp. All cash beyond that. Wish you the best! Steve D.
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