Siebel Systems (SEBL) - strong buy? Message Board

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

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To: Thomas Tam who wrote (5888)	5/23/2002 12:06:33 PM
From: JakeStraw	Read Replies (1) of 6974

Siebel Systems CEO Says Tech Spending Remains Soft biz.yahoo.com NEW YORK -(Dow Jones)- Tom Siebel, the chairman and chief executive of Siebel Systems Inc. (SEBL), said Wednesday that corporate spending on information technology remains depressed. "As much as I'd like to announce happy days are here again, I don't see it right now," Siebel told attendees of a conference hosted by Salomon Smith Barney. There was an expansion in IT spending in the fourth quarter of 2001 after three quarters of "dramatic contraction," Siebel said. But IT spending was "flat to down" in the first quarter and "right now it's very sticky," he added....

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