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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: BirdDog who wrote (38031)6/21/2001 11:23:30 AM
From: Dealer  Read Replies (1) of 65232
 
10:04AM Siebel Systems (SEBL) 42.90 -0.57 (-1.3%): -- Update -- Technical -- Continues to struggle this week with a solid resistance in the 43.7/44.7 area (chart, 50/100 day simple ma). Intraday support comes in between 41.50/41 with the next floor at 40.3. A penetration of the above resistance would target 50 with an important secondary barrier at 52.32.

9:16AM Siebel Systems (SEBL) 43.47: Hearing from sources at Robertson Stephens that the firm commented that the much anticipated AT&T (T) contract will probably not be awarded until next quarter and will be smaller than originally thought; says qtr is too early to call, but that AT&T news is a net negative.
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