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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Lutz Moeller who wrote (2066)9/1/1998 8:49:00 PM
From: Albert Youssef  Read Replies (2) of 6974
 
Lutz,

My first buy of SEBL was in July 97 for 17, and again in Sep 97 for 16.75. I was thinking at the close yesterday that surely in the past 11-13 months, SEBL's prospects had improved considerably more than the measly 10% stock price appreciation as reflected in yesterday's close. But you're right, I do feel safer holding it now... when a stock like SEBL trades at or below it's growth rate, I feel pretty good about it. I'll say the same for PSFT, of which I bought some more when it fell below 30.

Good luck,
Al
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