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


To: Uncle Frank who wrote (5781)4/19/2002 8:19:03 AM
From: JakeStraw  Respond to of 6974
 
Banc of America Securities sticks with "buy" on Siebel in report
4/18/02

Analyst Bob Austrian says the customer relationship management
software firm delivered a "solid" first quarter with results in-
line with estimates. Although its license revenues were about
flat compared with the fourth quarter, Austrian said Siebel did
better than most software firms, many of which saw business dip
20 percent or more quarter-over-quarter. Siebel's outlook was
for a flat second quarter, and Austrian lowers both his price
target and his earnings estimates for fiscal years 2002 and
2003. But he says Siebel remains the best-positioned large
applications company.
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