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


To: Beltropolis Boy who wrote (3141)11/12/1999 3:14:00 PM
From: Hardly B. Solipsist  Read Replies (3) | Respond to of 6974
 
> I cannot give a middle-management person 50,000 shares.

Well, that's too bad. So it's okay because your company can't
pay people enough to use the courts to try to stop someone else
from doing it? What a screwed up company! I think that the alternative
is to go back to your board of directors and tell them they'd better
assign some stock to the employee pool, or kiss a lot of people
goodbye.

Sounds like we'll be able to make use of even more H-1 visas next
year...



To: Beltropolis Boy who wrote (3141)11/14/1999 11:09:00 AM
From: Lee L.  Read Replies (1) | Respond to of 6974
 
Chris, I have never been part of Siebel's organization. As a Siebel customer, my team implemented one of Siebel's first large SFA implementations. I worked closely with lots of Siebel guys making that happen, so my perspective was that of a customer -- not that of an employee-- in '96/'97. At that time, it appeared that Tom had to make every decision. The sales and finance organization seemed especially frustrated by Tom's inability to delegate decision-making.

I *assume* that Tom has loosened the reigns since then. I can't imagine that the current management team would accept Tom's involvement in every customer/product issue. Siebel is doing a helluva job scaling its organization to take advantage of the CRM market. Another sign to me that Tom is letting his organization run the company.