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

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To: Uncle Frank who wrote (4639)3/15/2001 1:49:18 PM
From: Boplicity  Read Replies (1) of 6974
 
take the money. Right or wrong ORCL should set the tone in the software sector. But what more can ORCL say since they warned so recently, unless things have really fallen apart fast for them? As you know I'm looking for 20 or so on SEBL, and have already started selling puts, so I would welcome more selling. Lot's of hot air still left in the market witness the action in INTU, RMBS, GPSN, while secondary in nature, prove that to be true, along with rumor and fear in SEBL, VRTS and BEAS. It's going to take sometime to right the market, but we are close to a bottom. I see no more then 20% max downside for the NAZ, and that seems unlikely.

It will be nice to stop talking about the market, so we can get back to technology. I'm fallen asleep waiting, so I hope the M factor is settle soon. <g>

Greg
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