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


To: Trader Dave who wrote (3216)1/25/2000 11:18:00 AM
From: Wizard  Read Replies (3) | Respond to of 6974
 
Any idea what SEBL's exposure is to the new crackdown on ASP revenue recognition. I know SEBL booked some sales to ASP's up-front and the SEC seems to be cracking down on this (witness Legato).

forbes.com

I doubt it makes a big difference but I was wondering what you thought?



To: Trader Dave who wrote (3216)1/25/2000 12:18:00 PM
From: mtnlady  Respond to of 6974
 
Oops! Sorry I meant to say stock price moving again. No question revenue is great. I too would be most pleased to see the stock move again in 2000 as it has in 1999. With this stock market though that may be hard to repeat. Like Sy though I think revenue (correct word this time!) growth stands a good chance of maintaining 99' levels in 2000 with the partnerships SEBL has formed starting to bring forth fruit.