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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Uncle Frank who wrote (5886)5/22/2002 10:52:44 PM
From: Mike Buckley  Read Replies (2) of 6974
 
Frank,

No, that means he sold 42% of his holdings. You overstated his reduction by 8/50 = 16%.

If you're gonna nitpick the numbers, at least get it right. It's 8/42 = 19%. 50 is 19% greater than 42, not 16% greater. (42 is 16% less than 50.)

My bet: Anyone who thinks it's alarming that Tom Siebel has sold of 50% of his personal stake would likely and understandably think that the sale of 42% of his stake would be no less alarming.

Moral: Ya gotta know when to nitpick and when not to. :)

--Mike Buckley
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