Siebel Systems (SEBL) - strong buy? Message Board

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

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To: im a survivor who wrote (6641)	4/11/2003 12:30:00 PM
From: muckraker71	Read Replies (1) of 6974

I'm fairly certain we saw the lows last fall. Of course, famous last words... Still, with $2B+ in cash (over 1x annual revenues I might point out), the company is not going out of business. And despite tough economic conditions, they still sold $112M worth of software. That ain't too shabby. I seriously doubt that SEBL is going to $3. Anything's possible, but if the stock traded at $3 before the end of the year, that would mean it would be trading below cash, i.e., the market believes the company will go out of business (since companies NEVER just shut down and distribute cash to shareholders!). From what I know of the company, it doesn't seem like it's about to go out of business. Time will tell.

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