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


To: muckraker71 who wrote (4407)2/23/2001 3:22:25 PM
From: mtnlady  Respond to of 6974
 
Amen. Our ONLY danger is our high PE and a sinkin' market. If SEBL doesn't warn and the market pops up. SEBL will be one of the very first ones out of 'the hole'. We are in dangerous ground though. If the market goes seriously down the very strong hands that hold could drop and we would see the high 30's quick. But the touch should be fast then back up. If the market goes up, SEBL will hit 60 before you know it before it drops back down again into the 52-54 range to build it's strength. We could go either way from here. It all depends on what the market does - and how FAST it does it. Slow declines don't affect SEBL as much. A fast drop could panic a few folks. We are in a very interesting set of weeks here. I figure another week or so and I are out of this *danger* point. More to come later though. Either turn off your computer or ride the waves. Just remember. SEBL will be the first one back up on any run up and one of the last ones to drop.



To: muckraker71 who wrote (4407)2/24/2001 7:55:59 AM
From: chojiro  Respond to of 6974
 
Hi, thanks. I am aware of where the COMP is sitting.

However, my question had nothing to do with the COMP, nor did it have anything to do with the action on SEBL stock price.

I was asking about the recent filings of insider sales. Have those shares come to market yet? In feb. there are about 4M shares waiting to go. That's only a fraction of the average shares traded daily, so I do not think that would affect the stock price directly. I was just curious if they are routine sells or if the selling(by insiders) was intensifying. Also, with 300M+ shares in the float, I do not see it dilutive to the share price.

But thank you for your most insightful post. It speaks volumes. I remain short.