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

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To: chojiro who wrote (6158)7/17/2002 6:27:34 PM
From: mtnlady  Read Replies (1) of 6974
 
Lol! Now chojiro! I've been out of the market pretty much for the past year and waiting for SEBL to come down so I don't think I've been the one "holding the bag". My "bag holding" days was the previous year! Lol!

Anyway... I've always thought SEBL would be the last one to fall (and one of the first ones to rebound). Here is my *prediction*. NAS drops to 1000-1200 in the next month or so and SEBL is taken down to the 7-8 range with it. Then we get a rally (people will think we finally have hit the bottom). SEBL will climb back up to the 16-18 range. Perhaps even the 24-28 range. Then it's taken down again when we really do see the finally drop. NAS could see 600-800 and SEBL will - perhaps - drop to the 3-4's. I will play it as I see it unfold.

p.s. Just picked up some SEBL in AH at 10.45. I will pick up more if depression drives it further. These are short term holds only.
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