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

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To: Melissa McAuliffe who wrote (2049)8/28/1998 1:23:00 PM
From: Dapper Dan  Read Replies (2) of 6974
 
Hi all.. I need some validation here in these times of trouble...

I can't help but see SEBL as an absolute STEAL here in the low 20's. Given its history, until recently I fully expected the stock to hit back in the high 30's to low 40's around next earnings (early October). Given this expectation, I have been long 1000 shares since 13 as well as 20 Call contracts with a strike of 25.

I'm not too worried about the long shares as I know the company is a long term good buy!.. But do you guys think the stock will be able to shake off these general market "woes" and rally around earnings or are my 20 calls going to be an expensive lesson?!?

(I have been reading this thread for over a year and a half and respect the opinion of a number of you!)
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