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

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To: aliveinsf who wrote (2576)2/24/1999 4:22:00 PM
From: Bob Duncan  Read Replies (1) of 6974
 
Sell off was with market.

I do not know if I agree that the market suddenly "decided" that SEBL press releases were hype. I had puts earlier today on them sold them for a small profit. I wish that I had held them literally ten minutes longer put oh well. Anyway, turned around and bought Mar. 50 calls. Right after that of course the market decided to tank.

From now on I am going to most my option plays here and let you folks do the reverse of what I do. Typically it takes about ten minutes for the trade to move against me, so that gives you time to do the reverse of what I do.
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