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Strategies & Market Trends : The New Economy and its Winners

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To: Dave Doriguzzi who wrote (18542)	10/17/2003 1:29:36 AM
From: Lizzie Tudor	Read Replies (2) of 57684

well Dave, if you are responsible for buying all those puts then you had too much money anyway... think of these losses as a kind of "wealth tax". I thought you said you closed those puts a few weeks ago during some catastrophe du jour? This october sure surprised me I have to admit. Although I do think things are recovering. Siebel bought 2 companies yesterday, Upshot being one, that is a salesforce.com competitor so maybe Sebl will get into the game. Right now I don't see much to like in traditional enterprise software but never say never.... its the back office stuff that is really lackluster anyway. CRM still has some life. 12:42PM Siebel Systems target raised to $15 at BofA Sec (SEBL) 11.98 -0.45: --Update-- Banc of America maintains their Buy rating and raises their target to $15 from $12 based on the co's improved earnings outlook; with its restructuring completed, firm says the co should deliver better execution going forward and says any economic recovery should accelerate rev growth given the co's mkt dominance and broad product line.

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