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

To: BirdDog who wrote (5883)	5/19/2002 10:48:20 PM
From: puborectalis	Read Replies (1) \| Respond to of 6974

Reuters Company News Reuters, Siebel join up on financial software NEW YORK, May 19 (Reuters) - Global news and information provider Reuters Group Plc (London:RTR.L - News; NasdaqNM:RTRSY - News) and software provider Siebel Systems Inc. (NasdaqNM:SEBL - News) on Sunday unveiled an agreement to co-develop customized software solutions for financial institutions. ADVERTISEMENT The deal will integrate Reuters' financial solutions with Siebel's eBusiness Applications software, the companies said. The firms said the collaboration will provide financial advisors with real-time access to customer information and allow them to proactively manage their accounts. London-based Reuters and San Mateo, California-based Siebel said they would co-market the solutions to both existing and prospective customers and implement joint customer-led engagements initiated by either company. "By combining Reuters' proven business integration skills with Siebel Systems' expertise in customer relationship management we can lower total cost of ownership," said Alex Hungate, Reuters chief marketing officer and president, in a statement. "The relationship with Siebel Systems will enable our customers -- especially our wealth management customers -- to better service their customer base."

To: BirdDog who wrote (5883)	6/24/2002 7:24:05 PM
From: Mike	Read Replies (2) \| Respond to of 6974

BirdDog, All of Tom Siebel's shares have a strike price < $1.00. He sets his own strike price rather than taking the current market price that he gives to other employees. In fact, he was granted millions more shares this year for < $1.00. He controls the board along with others like Charles Schwab who serve on several boards together. They each are reaping huge profits from SEBL and are granted options for pennies. I am bearish on Siebel because the upper management is more interested in dumping shares that building shareholder value. For example, Pat House, has left the day to day operations. If I'm not mistaken she only serves as a board member now. Even at todays prices, the PE is 29. I'm not saying that Siebel is going out of business or anything that drastic, but it's simply not a good stock to be in until revenues increase a great deal. This will ultimate drive shareholder value (if tom doesn't destroy it first). Mike