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

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To: chojiro who wrote (6318)9/18/2002 2:40:59 PM
From: LAWRENCE C.  Read Replies (2) of 6974
 
Chojiro, I agree with strong sell. Some Database software is necessary from some database software vendor for many companies. There is also a software cost and reliability risk to switching from one database vendor to anothor Middleware software is optional and has to be justified. It's a harder sell especially in a weak pricing environment like the present one. (I've worked in IT/IS since Jan. 1977 (over 25 years). I've written software in C and FORTRAN.) I have been trading SEBL from the short side which has been risky but so far profitable. There is always a risk that SEBL's fundamentals could improve.
LC
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