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

To: Jim Spitz who wrote (33288)	8/21/2001 3:19:56 PM
From: puborectalis	Read Replies (1) \| Respond to of 37746

E-business software company Siebel Systems Chief Executive Officer Tom Siebel said the worst is yet to come for tech. "I don't think we have begun to see the carnage in information technology companies that are going to fail," Siebel said in an address to a conference organized by the Progress & Freedom Foundation. "We expect to see this turnaround around Q3 of next year." Siebel did not make any specific predictions on his software company's future earnings. But he had other nuggets to offer the audience. "We got in kind of a bubble situation. The world went crazy in the last two years. Sanity is returning." Is it going to get better this year? "We don't think so," Siebel said.More...