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

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To: Lizzie Tudor who wrote (6337)9/21/2002 4:46:20 AM
From: chojiro  Read Replies (1) of 6974
 
Here's another pretty good insider buying article, (software mentioned but not enterprise or sebl specifically)

There is a very good reason why SEBL is not mentioned.
It is because no insiders are buying.

Oh, some are exercising options.
Take Bruce Cleveland for starters.
He exercised 60,000 shares at a price of $0.406 Back in June of this year. He's still holding on to them.

Eric Schmidt. He exercised 25,000 shares at a price of $0.718 but turned around and sold them for $23 each.
Turned a $12K investment into $575,000+ return.

And the list goes on biz.yahoo.com

It sure doesn't seem to me to give much support for a bullish case, posting articles like that.
If anything it just draws attention to the insider's activities. Again, Not something I would be getting bullish over in SEBL's case.

How about PSFT and ORCL, two others in SEBL's league. Again, nothing in their insider activities to get bullish about biz.yahoo.com biz.yahoo.com

Now, I don't know how up to date Yahoo's information is, but that article you posted mentions INTC:

Stock symbol price MTP score
Intel INTC $16 6

After a decade of regular selling (488 sales out of 498 insider transactions), insiders are now holding on to stock.


According to Yahoo!, it's all sells or planned sells. Not even any options exercised(perhaps they're waiting for them to be repriced?

I still don't understand why people continue to hold SEBL. I suppose everyone has their reasons to do what they do.

Continued good luck with your investments.
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