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To: TimeToMakeTheInvs who wrote (40510)8/23/2001 1:55:49 PM
From: stockman_scott  Respond to of 65232
 
RESEARCH ALERT - Prudential starts Siebel as "hold"

biz.yahoo.com

NEW YORK, Aug 23 (Reuters) - Prudential Securities said on Thursday it initiated coverage of Siebel Systems Inc. (NasdaqNM:SEBL) with a "hold" rating and a $28 price target.
Prudential said it believes Siebel's management is performing well, and implemented appropriate cost controls and job cuts. Still, the firm said it sees near-term risk for the stock because it believes the Wall Street consensus forecasts are too high and will likely be cut.