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


To: chojiro who wrote (5773)4/18/2002 11:00:51 AM
From: chojiro  Respond to of 6974
 
Here it is

Earlier this year, Siebel projected license revenue would increase 15% in 2002 compared with 2001, which is looking increasingly unlikely.

"We're modeling in the low-single digits," said Jon Ekoniak, an analyst with U.S. Bancorp Piper Jaffray who has an outperform rating on the company


So if Tom at the beginning of the year could not forsee the deterioration towards the end of the quarter, Why should investors believe him when he says he "can't not believe things won't pick up later this year"

BTW, do three negatives equal a positive? "can't", "not", "won't" all in one sentence!