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

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To: Clam Clam who wrote (1018)12/21/1997 3:06:00 PM
From: Lee L.  Read Replies (1) of 6974
 
I don't know about you, but I'm ready to give SFA ROI a break! ; )

No, I'm not in the stock right now for various reasons (one of the primary reasons is that I'm too busy loosing money on other high-risk stocks!) With such a high P/E, SEBL will definitely experience wild price variations like we're seeing know. I do believe, however, that Siebel will prove to be a good long-term investment *if* the market develops as predicted. The product is top-shelf and it continues to improve. Siebel knows how to sell it. I hope the company can grow into a great company like a PeopleSoft, but the verdict is still out on that one.

Off Topic -- I thought that you referenced Turano's move from Siebel to Scopus many months back... this may be old news, but he's left Scopus for a company on the east coast, don't know the company's name. FYI FWIW.
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