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

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To: Melissa McAuliffe who wrote (2528)2/1/1999 8:26:00 PM
From: Raptech  Read Replies (2) of 6974
 
Can't believe the stock dived on these sour grapes today:

Siebel Systems (SEBL) is "doomed" because of a huge number of unhappy customers, the characteristically brash Oracle Chief Executive Larry Ellison said Monday in a press briefing following his luncheon address to money managers. Look for Oracle to poach several "marquee names" from Siebel in the coming months, Ellison added. Representatives for San Mateo, Calif.-based Siebel weren't immediately available for comment. Incidentally, the namesake of Siebel -- the hard-driving Tom Siebel -- once worked for Ellison at Oracle.

Rap

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