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

To: Jack Hartmann who wrote (4549)3/6/2001 8:11:39 AM
From: Larry S.  Respond to of 6974
 
Maybe this "negative news" and SEBL's honest re-appraisal will wind up being a positive. Stock trading 32 pre-market, up from 29 estimate. The lowering of the CY estimates are sobering, but the company is still quite profitable and showing attractive earnigns growth projections. Then again is the current valuation justified by an expected growth rate of 23%. forward 01 earnings est would give forward pe of close to 50. hmmm. larry



To: Jack Hartmann who wrote (4549)3/6/2001 9:15:13 AM
From: Lee L.  Read Replies (2) | Respond to of 6974
 
Why would the Sr VP of sales resign -- or be asked to resign? If sales forecasts were on track for the Q, then the guy would be a hero. I can only interpret this as bad news. Before this announcement, I was happy with Sebl's silence. Now, I believe they should make a statement on how they're doing.


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