Siebel Systems (SEBL) - strong buy? Message Board

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

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To: Melissa McAuliffe who wrote (2123)	10/12/1998 5:01:00 PM
From: Trader Dave	Read Replies (1) of 6974

The problem with a story like SEBL is that in a land of continuously rising expectations it becomes a loser's game. I keep hearing about great business and huge deals, but that would be mandatory to meet the level of business expected. I have no idea what's causing the stock decline. Perhaps there was something at the users conference. I also know a lot of short sellers are in this stock given Tom and Howard's reputation. On a valuation basis, it looks attractive, but i'm staying away (in both directions) due to my feelings about the management. Has anyone heard what caused this stock swing today? Trading pattern looks like the shorts manipulated it today, something I am painfully familiar with lately. TD

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