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To: stockman_scott who wrote (50165)	4/17/2002 6:03:17 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

SEBL--Siebel's First-Quarter Net Profit Falls SAN MATEO, Calif. (Reuters) - Siebel Systems Inc.(NasdaqNM:SEBL - news), the No. 1 maker of sales and customer service software, on Wednesday posted first-quarter earnings that were in line with the company's forecast on lighter-than-expected software sales. San Mateo, California-based Siebel earned $64.6 million, or 12 cents a share, in the quarter ended March 31 -- down from net income of $76.9 million, or 15 cents, in the year-earlier quarter. Total revenue slipped to $477.8 million from $598.8 million a year ago as software license sales -- a key measure of a vendor's performance -- declined to $246.1 million from $335.1 million. Tom Siebel, the company's founder and chief executive, in January had forecast first-quarter earnings of 12 cents a share on software license revenue of about $250 million.