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Strategies & Market Trends : Sharck Soup

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To: Rambi who wrote (11949)3/15/2001 3:08:21 PM
From: Boolish  Read Replies (1) of 37746
 
Joined you guys on the 1050 PUTS.

Stole this from another thread but interesting talk from a CEO of a tech.

<<Siebel says techs yet to hit bottom, but sees rebound
By Reshma Kapadia
LOS ANGELES, March 15 (Reuters) - Siebel Systems Inc. (NasdaqNM:SEBL - news) Chairman and Chief Executive Thomas Siebel said Thursday the technology sector has yet to hit bottom, but when it does surviving companies will offer strong growth and investment opportunities.

``We will get through this. Have we seen the bottom of the technology market? We are not near it. When we have abject panic (we will be there),'' said Siebel, who heads the No. 1 provider of software for helping businesses manage relationships with their customers.

``When everyone swears they will never own technology stocks again, then you will know (we've hit the bottom). This day is coming and then we will be looking at an opportunity of a lifetime,'' he said at a keynote speech at Spring Internet World in Los Angeles.****>>comment when you hear CEOs right at the center of the tech business say candid things like this i take it seriously.max
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