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

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To: eRM Solutions who wrote (1502)5/7/1998 11:23:00 PM
From: Konehead  Read Replies (1) of 6974
 
>> For such a positive company this [is] such a bearish board.

Agree wholeheartedly. IMO Siebel & Co. deserve a great deal of respect for what they've done. Don't know Tom Siebel personally, but do know some of the people that work for Siebel- and they are experienced and smart.

>> The end of the SFA/CIS war is near and Siebel is clearly the victor.

Disagree wholeheartedly. Siebel is the big kahuna in SFA. Not in support (and not in the near future, either). Vantive is the leader in support.

>> Company is going to be grooving along at a 150% growth rate per year.

Naw-- the company is too big for that. I would guess 100% this year is attainable. Beyond that, growth rate will start to come down gradually (in my humble opinion). Still, $24 is a fine price for this stock. You'll make $ at this entry point unless the whole market tanks.
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