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

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To: Nick Tingle who started this subject1/9/2002 12:10:09 PM
From: Uncle Frank  Read Replies (1) of 6974
 
Sebl moving nicely on SAP announcement:

FRANKFURT (Reuters) - Shares in SAP AG (SAPG.DE) jumped on Wednesday after Europe's biggest software maker unexpectedly outlined fourth-quarter results, which showed software sales had risen faster than analysts had expected.

SAP, which had been due to report on January 23, said license sales, the basic measure of how much software it sold, exceeded one billion euros ($891.3 million) in the fourth quarter, well above analyst forecasts of some 781 million euros.

Analysts said the results appeared to have been lifted by deals carried over from the disappointing third quarter, when SAP missed market expectations after a sharp fall in U.S. orders in late September.
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dailynews.yahoo.com
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