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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (2959)	7/20/1999 8:26:00 PM
From: aliveinsf	Respond to of 6974

DSO decline is good. CFO addressed issue in CC and said they didn't make the progress they had hoped for but pointed out that cash and investments increased by $110 million, while net income was $80 million (last six months)....this is very positive and indicative of a healthy balance sheet...the DSO comfort range pronounced by the CFO is high 80's to low 100's....a little more blocking and tackling will fix the problem..also the deferred revenues $57 million at quarter end, up from $50 million last quarter, put some modelst pressure on the number...this represents 57 million of collections and receiveables with no booked revenue...this has a tendency to overstate the number of DSO's as the receivable is present but the revenue isn't.... SEBL....good job....Adam Harkness analyst must be looking for work as he is clueless....ask Tom when SEBL was going to get a configuarator for their e commerce business and was dead silent when told Tom him it had been out for 2 YEARS>>>>>asleeep at the switch...must have been the same guy that put out the huge buy on candles back in the 1910's....never heard about electricity...

To: Wizard who wrote (2959)	7/20/1999 11:26:00 PM
From: Trader Dave	Read Replies (3) \| Respond to of 6974

This is incredible: thestreet.com "But the solid quarter with its sequential drop in day sales outstanding, or DSOs, was still not enough to change the mind of Adams Harkness Hill analyst Ben Rose, who said he will stick with his sell recommendation on the stock. DSOs, a measure of how fast customers are paying for products, fell to 95 from 99 last quarter and were one of several reasons Rose downgraded the stock about a week and a half ago. "DSOs are only one of several concerns," Rose said. "The company is still at a red line. There are still balance sheet issues that raise a few eyebrows." Rose, whose firm has not underwritten for Siebel, declined to give more detail immediately after the conference call". What does "still at a red line mean?"