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

To: ColtonGang who wrote (31432)	7/19/2001 12:57:04 PM
From: ColtonGang	Respond to of 37746

SEBL Founder and CEO Thomas Siebel CEO Comments: He is optimistic about what is happening with SEBL SEBL has become the fastest growing applications softwarecompany in history. Grew revenue in 1st half by 60%, generating almost $1.2bin revenue. Grew operating income by over 100%, net income by 82%. When excess inventories shake out, we will return to rapid growth rates in application software markets. SEBL was one of the few Tech companies in the world that was able to deliver license revenues within the range of analyst's expectations. Pleased to report they have met revenue expectations. "This is an execution story, and when the Technology market contracted, and contracted substantially in the fist Q and then again in the second Q, we had sufficient visibility into the revenue situation, sufficient visibility in the market and control and business controls of expenses to be able to get our business inline very quickly with the reduced needs of the marketplace. So, we didn't overspend, we didn't overspend on the revenue side. We were able to adjust our business very quickly in real time. To continue to meet and exceed our business plan in an economic environment that was pretty dynamic on the downside." SEBL Company Information: Stock down 2.56 to 35.08 Founded in 1933 to address the growing need of organizations to acquire, retain and better serve their customers Is the world's leading provider of eBusiness application software Provides customer relationship management software that automates the sales and customer services operations of corporations Operates in more than 38 countries and 144 offices around the world Ranked 3rd among the "100 Fastest Growing Companies" by Fortune Magazine last year Clients include T, CSCO, F and HWP Approximately 7000 employees Headquartered in San Mateo, CA Yearly high 119.86 Yearly low 22.95 Market cap $17.1b Top Competitors: Oracle (ORCL) PeopleStoft (PSFT) SAP (SAP) SEBL Earnings: Actual 15c Estimate 13c Whisper 14c Last year 10c Revenue up 38% to $550m Net income up 56% to $77m