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To: Mike Buckley who wrote (29551)8/7/2000 9:13:58 PM
From: Uncle Frank  Respond to of 54805
 
Siebel buys OnLink, sets 2-for-1 split

By Sergio G. Non ZDII


Siebel Systems (Nasdaq: SEBL) on Monday announced a
2-for-1 stock split even as it unveiled plans to buy a
privately-held vendor of e-commerce customization
software.

After market close Monday, Siebel said it would buy OnLink
Technologies for 3,706,564 shares of stock. At Monday's
closing price of 164 3/16 for Siebel, the deal is worth about
$609 million.

Also Monday, Siebel said it would carry out a 2-for-1 stock
split, payable Sept. 8 for shareholders of Aug. 18 record. It
would be Siebel's fourth stock split since going public.

zdii.com