Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (16502)	4/4/2003 4:55:13 PM
From: stockman_scott	Read Replies (1) of 89467

Lack of 'visibility' in war time...tough for companies to make their numbers...Notice how LOTS of enterprises are postponing capital spending (or purchases)...fyi... 16:05 ET SEBL Siebel Systems cuts guidance (7.75 -0.41) -- Update -- Co guides Q1 revenue outlook to a range of $330-$335 mln (Multex consensus $369.16 mln). Net income for the qtr (after taxes) is projected at $3-5 mln. SEBL says a number of customers unexpectedly postponing purchase decisions beyond the end of the quarter. "While the Company believed the sales pipeline remained sufficient to meet its sales projections for Q1, a few transactions were postponed late in the quarter. Had these transactions not been postponed, the Company would have been within its license revenue and earnings guidance for the quarter."

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