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

To: Danny Boy who wrote (3432)	3/27/2000 6:16:00 PM
From: mtnlady	Read Replies (1) \| Respond to of 6974

"SEBL must start spending huge amounts of money to build a service business" </i) If you look at most of Siebel's last aquisitions most are service related companies. Business is so good Siebel is scrambling to make sure there are adequate numbers of trained folks to help with implementation etc... In addition, I am sure Siebel doesn't want to lose out on the revenues service brings in.

To: Danny Boy who wrote (3432)	3/27/2000 8:08:00 PM
From: Mike Buckley	Respond to of 6974

ORCL took out PSFT didn't they If that's a question, the answer is clearly, "No." PeopleSoft has grown to a $1.5 billion business with every year's revenue being larger than the previous one in the last six years. And thought I don't specialize in PeopleSoft, my understanding is that today they remain the dominant player in HR. The stock took a hit because EPS tripled in one year and apparently too many people thought that would continue. And when the company went beyond the bounds of their strageic core business of HR their growth of revenue and earnings slowed to a more reasonable pace, causing the stock to tank. Referring to a company as having been "taken out" that has grown nearly 2500% in less than six years, from less than $60 million in sales to almost $1.5 billion, is at best uninformed and at worst irresponsible. Using that profile as a basis for thinking the same so-called debacle might fall on Siebel, I'll take that kind of debacle any day. --Mike Buckley

To: Danny Boy who wrote (3432)	3/30/2000 9:59:00 AM
From: Trader Dave	Read Replies (4) \| Respond to of 6974

when SEBL must start spending huge amounts of money to build a service business I don't know how to respond to this, but the reason I OWN SEBL is PRECISELY because they aren't in violent competition with their services and systems integration partners. Your comment is especially funny, because Oracle is actively de-emphasizing its services business to try to woo the services companies. But Oracle's arrogance with the services companies over the last 10 years has done lasting if not permanent damage. SEBL's footprint in the market is so powerful specifically because it doesn't interfere with the services side of the business. The VASTLY superior analogy in the ERP market is SAP versus Oracle. I find it particularly amusing that you left out the most important vendor in the ERP space. Hmmm, I wonder what SAP's erp market share is versus Oracle's? SAP had a nice pleasant partnership with Andersen? Does SEBL? i wonder what the ramifications of IBM's partnership will be over time. Gee, i'm not hearing too much about massive deal flow from that relationship. Your post was interesting, intelligent enough to warrant a response, but diametrically opposed to what has driven success in the enterprise applications space. With a look at the internal books of Oracle, I would gladly take a SEBL versus Oracle market share bet in 1 year 2 years and 5 years any day. However, I know a thing or two about the so-called revenue recognition policies at Oracle and they are "flexible" to say the least. I love the swap transaction revenue Oracle recognized with HP in the space a few quarters ago. I'm sure Wizard could add a thing or two about Oracle's installation successes in the supply chain space versus ITWO. You remind me of Steve Farber. TD