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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: syborg who wrote (2227)10/23/1998 5:44:00 PM
From: still learning  Read Replies (1) of 6974
 
Depends on the market mood. A poor opening on Monday could esily get it to 17, but 15 seems out of reach unless there is some major news. I think a Republican landslide could do a great deal of short-term damage to the market (maybe ironic, but true) as Monica-BJ-gate gets an assumed endorsement in D.C.

I expect a heavy bearish Nov anyway as tax/loss and tax/gains selling kicks in. Many people have big gains to protect and do not have to fear tax consequences, so if we go into a sell-off you could see a snowball effect.

Absent any of that, SEBL is not a $15 stock again as far as I can see.

JMHO anyway...
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