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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?

To: Timetobuy who wrote (5521)	12/19/2001 9:11:21 PM
From: FR1	Read Replies (1) \| Respond to of 6974

Not specifically but he hinted in every way he could that this merger would be viewed as desirable because it will accelerate the deployment of broadband. Naturally all the buzz words were worked in: fiber, fiber optics, broadband data... They were both there and the Comcast CEO hammered on the point that this will allow them to bring new services to their customers. It's all pretty obvious - try to get more $/sub by offering cable phone, cable data, etc. None of which is price regulated. This is especially true now that ATHM is out of the picture. Note how ATT converted 800,000 ATHM subs in the blink of an eye while Comcast had to grobble at the feet of ATHM because they were not able to do the same. This will solve that problem. Comcast got a backbone and and all the backend stuff they could dream of. ATT got 56% of the company. Note how Comcast just signed agreements for more Video On Demand. Those stocks are up over 100%. They will now be going up even more. Everyone in the conversation agreed that T needed to upgrade its system a lot more (TCI really left them with a lemon) and Comcast needed to offer more services. Interesting to note that Armstrong decided to take this position. He is voting with his feet. But everybody kind of knew it was coming. As they tried to get deeper into the details (eg. what are you going to do with your ownership in AOL?, what are your spending plans?, etc), the two men backed off and pointed out that they had just left the signing room and had a lot of options to consider. So the old war heats up (MSFT + T + Comcast) vs AOL.