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To: Mark Fowler who wrote (6482)	4/17/2001 4:15:34 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 57684

From Briefing: 15:49 ET Siebel Systems (SEBL) 32.91 -0.27 (-0.8%): Rumor has been circulating for most of the session that company is planning to announce job cuts; source of the rumor appears to be San Jose Mercury News, which is reporting that SEBL may be planning to announce large layoffs this week in response to a drop in demand; speculation is that SEBL will trim as much as 20% of its workforce and shut down its online subsidiary Sales.com; while declining to comment on rumor, company spokeswoman indicated there would be significant announcements Wednesday when the company releases Q1 results.