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


To: LAWRENCE C. who wrote (6320)9/20/2002 11:01:35 AM
From: gh  Read Replies (4) | Respond to of 6974
 
Has anyone noticed SEBL's declining share price this morning? According to DATEK, shares were temporarily halted. Is there any news? Any TAers out there with a perspective on share price? gh



To: LAWRENCE C. who wrote (6320)9/21/2002 3:53:57 AM
From: chojiro  Read Replies (1) | Respond to of 6974
 
There is always a risk that SEBL's fundamentals could improve.

Hi Lawrence, it's my opinion there is a greater risk of further erosion of fundamentals with Siebel than improvement
fundamentals. I also believe at this point, even if things do start to improve with them there will be plenty of time to cover short positions before any sizable gains.

I still stand by my target of below $3 before the end of '03.
Of course I could be wrong. I've had my share of missed calls but I do feel more confident this evening than I have in a while.