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

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To: Melissa McAuliffe who wrote (2219)10/21/1998 9:26:00 AM
From: syborg  Read Replies (2) of 6974
 
I am holding some stock at 19 and am considering a stop at 20 3/8 to protect against a drop into the teens. The real question for me is how low can the stock price drop. At 19 I felt I was stealing the stock and you can imagine where my jaw was when it touched 15 1/2. I am without doubt looking at SEBL as an aggressive growth element in my portfolio reaching ~$30 at least after 4Q earnings. Probably sooner.

Is there a consensus out there on how low of a dip we can see? I think 18 1/4. The last big dip was in sympathy to the market. Are we still in a phase where TA is out the window.

syborg
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