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

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To: Uncle Frank who wrote (5416)10/17/2001 6:35:09 PM
From: Snowshoe  Read Replies (1) of 6974
 
Latest from Briefing.com

17:30 ET Siebel Systems (SEBL) 17.75 -3.95: On call, management notes that it expects to see "blinding consolidation," within industry over next several months.

17:28 ET Siebel Systems (SEBL) 17.75 -3.95: On call, reaffirms Q401 and FY02 guidance... Could give stock a lift.

17:27 ET Siebel Systems (SEBL) 17.75 -3.79: On call, management has repeatedly noted that results were "exceptional" given most dire of circumstances... Trying to keep focus on quality of earnings and strength of balance sheet... Which is all well and good for the long-term, but many on street not happy with fact company didn't guide lower a couple weeks ago which probably explains why stock down at 16.11 in after hours trading.
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