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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (31430)7/19/2001 12:55:41 PM
From: ColtonGang  Read Replies (1) | Respond to of 37746
 
Thomas Siebel, CEO, SEBL, Refutes Wire Stories

We had very good visibility for the first half of the year into our customer pipeline base and that continues in the second half of the year.

SEBL's guidance for both earnings and revenue for the 3rd and 4th qtr is in line with expectations. It has not been lowered.

Reuters story didn't quote him accurately as to earnings and it was retracted after publication.

He meant that the tech markets are tough and very few companies have been able to perform in it. Over 600 companies have announced revenue shortfalls recently.

SEBL is one of the few that has met its business plan and exceeded earnings expectations.

Company is growing at 60% annual compound growth rate. We are encouraged by the results from last quarter and are quite optimistic going forward.

SEBL is the fastest growing applications software company in history.