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

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To: Melissa McAuliffe who wrote (2127)10/13/1998 1:13:00 PM
From: Konehead  Read Replies (1) of 6974
 
Melissa

No question that Siebel has become the 900-pound gorilla of the front office space. Siebel has succeeded in creating a cross-industry market for SFA where there was none before. Countless firms are seeking to emulate Siebel in the mid-market or in targeted verticals.

Looking forward, SAP is probably two years away from having any sort of credible solution. The broad industrial market is nowhere near saturation yet.

Is Siebel transitioning to a more sustainable long-term growth (e.g. 50%)? Possibly, but I bet it's not going to happen this quarter-- or next. I guess we'll get some answers in another day.
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