Siebel Systems (SEBL) - strong buy? Message Board

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

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To: Hardly B. Solipsist who wrote (5871)	5/9/2002 9:02:39 PM
From: puborectalis	Read Replies (1) of 6974

Siebel Systems (SEBL) 23.45 +0.38: Shares build upon yesterday's 5% gains on the results of SG Cowen's applications software survey. Firm believes SEBL's exclusive focus on the relatively high-priority CRM arena will continue to be a near-term advantage vs. PSFT's broader footprint (which includes several lower-priority areas); notes SEBL has considerably more runway given that its SEBL 7 upgrade cycle is only 7 months old vs. PSFT's 8 cycle that is 18 months old. Cowen adds that there are more SEBL customers planning to upgrade in next 12 months and a higher percentage of SEBL customers planning to make repeat purchases around the upgrade.

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