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

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To: chojiro who wrote (6013)6/11/2002 11:46:00 PM
From: Lizzie Tudor  Read Replies (1) of 6974
 
I don't doubt it will fall, the whole mkt seems to be falling apart, I just think this is old news a little and individuals which will likely sell, or funds that need to meet redemptions.

Looks like they changed the statement at briefing-
3:38 pm PT Siebel Systems says Q2 tough as Q1: Reuters (SEBL) 17.66 -0.66: Stock trades off to 16.99 after hours; Reuters reports that Siebel's CFO said at the Bear Stearns' tech conference that Q2 was shaping up to be as tough as Q1. Since both EPS and revenues are expected to be slightly lower in Q2 than Q1, this comment should not be seen as particularly surprising.

BTW if you want a software short you might look at CA.... love to see them get slammed (unlike sebl, hate to see him fall)
L
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