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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: eRM Solutions who wrote (2505)1/28/1999 9:30:00 AM
From: Albert Youssef  Read Replies (1) of 6974
 
They've never beaten estimates by this much before... it's now bidding 40 in the pre-market.

I did a quick DSO calculation - with 123.2MM in revenue and 122.8MM in net accounts receivable, it appears that DSO are now at 90 days, a slight improvement from the 93 days last quarter. Very reassuring, even though it's not a big improvement, because it removes one big potential flag from the quarter. Especially since people don't trust the CFO!
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