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

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To: Dapper Dan who wrote (2050)8/31/1998 11:53:00 AM
From: IceMan  Read Replies (1) of 6974
 
fully expected the stock to hit back in the high 30's to low 40's around next earnings (early October)

Given the current market conditions, I think most people would agree that the chance of SEBL cruising back to those levels in the near term is very low. The market has corrected, the NASDAQ is down over 20% and even though I agree that SEBL is a long term hold, it is not going to reach your option strike.
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