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

To: Yamakita who wrote (4610)	3/9/2001 11:49:09 AM
From: Dr. Id	Respond to of 6974

SOURCE: Stock Traders Daily Should Investors Give Up on SEBL Because of ORCL's Concerns and Market Weakness? Asks Thomas Kee From Stock Traders Daily SAN FRANCISCO, March 9 /PRNewswire/ -- Stock Traders Daily, stocktradersdaily.com, has spoken with representatives from Siebel Systems, Inc. (Nasdaq: SEBL - news) and has attempted to determine if the decline in the share prices are warranted. Recently Oracle (Nasdaq: ORCL - news), a major software provider that is also a Market leader, expressed serious concerns about the forthcoming earnings outlook for 2001. This warning fueled concerns throughout the software sector and SEBL was adversely affected, but should it have been? Nitsa Zuppas, Director of Investor relations at Siebel Systems, Inc., said that Siebel's average sales size were significantly smaller than some of its peers which has made the final buying decisions much easier to make. She also explained that Siebel software has been a ``fundamental requirement'' rather than an option to many of Siebel's clients. During the sales cycle Siebel has also tried to keep the final decision makers active in the sales process to prevent any last minute declines as much as possible. Furthermore Siebel derives nearly 50% of its sales from existing clients and approximately 40% of its sales are generated outside of the United States. The information above is public knowledge. The information is embedded in filings and news releases made by Ciena Corporation in the recent past. Stock Traders Daily has offered this information to help investors make educated decisions about their investments. For more information about Stock Traders Daily, including more comprehensive reports, please visit our corporate Website: stocktradersdaily.com. Thomas Kee is a member of the National Association of Securities Dealers, CRD number 2369405. SOURCE: Stock Traders Daily