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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (5374)	8/25/1999 5:57:00 AM
From: Bruce Brown	Read Replies (2) \| Respond to of 54805

Mike, Rule number one. Never rely on transcripts of anything because something will always be left out, condensed or worse. I heard Thomas Siebel certainly say, after the line about the media blowing the Ellison/Siebel relationship out of proportion, that Larry and he were good friends, in fact neighbors. The transcript also left out the entire question as Martha 'really' asked him. Here's the clue that Martha ended the interview with and substantiates my version that I heard: " Good fences make good neighbors, right Tom? Our thanks to Thomas Siebel, Chairman and CEO of Siebel Systems." Now where do you suppose that came from? Had they transcribed the entire interview word for word, it would all fit in with how it 'really' was on the booby tooby yesterday. Typical media - condensing by trimming. Can be good, but can also be dangerous. Maybe once those Rambus chips are out and the killer voice recognition software to utilize them, the transcripts will improve. :-) Not that you do or don't have any reason to trust my ears as we are complete strangers to each other and I certainly appreciate the call to substantiate. We're all in the 'game' together and dissecting it all requires finding the truth and the fact. Believe me, Siebel said he and Larry were friends and neighbors. Of course, in Silicon Valley, that could mean that they're close enough to see each other's yacht in clear view by using a pair of laser binoculars (which, in the future, might be able to connect to the Internet, download a copy of the image viewed in the binoculars and be posted on the web for immediate viewing and enjoyment by all). Let's just hope it all runs on Qualcomm's standard! As to the 68 percent market share, I guess you know read what that was directed towards: "inter-network and client server computing. Of all the public companies in this space, Siebel Systems represents 68% market share and licensed revenue, so this is the fastest growing segment in enterprise computing today and Siebel will be the dominant vendor in the space globally." - TS Sorry about the share buy back misinformation that I read incorrectly and posted here yesterday. The author of where I read it 'tricked' my skimming abilities and I didn't skim with my usual skill. That one I cannot substantiate and I apologize once again for misleading anyone. I was foolish rather than Foolish on that one. The author had questioned: "Is this smart mangement's alternative to stock buy-back?" And as I said, in my skimming I saw stock buy-back and skimmed right on. Boy, I have no credibility now. I should have lurked until jet lag was over as I said I was going to do. However, what's a fellow to do between midnight and 5 AM who is wide awake? No wise comments - the wife was asleep and I'm too afraid of going blind! However, I think we agree that the focus on Siebel's growing market share is not to be ignored. Quite a year for them. Added to the index, number one on the "fastest growing companies in America" list, major competitors products from over the fence being delayed even longer after all the heated press release fluff balls we've seen, 2 for 1 split, the odd data presented yesterday on CNBC by some TA guru that software stocks perform - on average - better than other sectors after a 2 rate interest hike environment by the FED, the Internet grows on which demands companies to snooze or lose and the momentum seems to be building for Siebel. I like our chances. My chances have more than doubled in fact. BB