Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Boplicity who wrote (3963)	9/29/2000 12:28:37 AM
From: Mike Buckley	Read Replies (1) \| Respond to of 6974

Greg, I am now hearing the old guys that have been in SEBL for sometime wondering about it now. It's not fair to talk about Frank that way while he's away from his computer and can't defend his age. :) Seriously, what's to wonder? The stock by virtually any measure is very high-priced. Yet the company has opportunity that in my opinion exceeds any other software applications business. And management's track record shows an uncanny ability to leverage those opportunities to the max. In summary, this old guy isn't wondering about anything. I wouldn't sell a share of my Siebel stock now but I certainly understand why some people might be considering it. Yet considering how fast the price has been rising, apparently there's more money currently on the buy side than the sell side. --Mike Buckley

To: Boplicity who wrote (3963)	9/29/2000 2:34:44 AM
From: Bruce Brown	Read Replies (1) \| Respond to of 6974

Siebel, split adjusted, closed at $98.9 on August 31st. It also closed, split adjusted, at $96.9 on July 14th. On March 9th of this year it closed at $83.8. Using Thursday's closing price of $116.48, that means it took Siebel 6 1/2 months to rise $32.68 (39% rise since March). Plenty of analysts were pounding the table around $100 that Siebel was a buy or a strong buy due to the growth and opportunity in the CRM, eCRM markets. Is it a market darling? Yes. Of course, Apple and Intel declined as much as Siebel rose since March. One in a couple weeks time, the other in a matter of minutes last night. Yet, they aren't in hypergrowth. BB