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

To: JakeStraw who wrote (6363)	9/24/2002 3:47:07 PM
From: Lizzie Tudor	Respond to of 6974

as a % of shares outstanding... yes more than cisco. Of course sebl has 450mm shares outstanding or thereabouts and cisco has 7.3 billion. Oracle also has a high number shares outstanding, (5.3 billion) I wonder where they are on the list. Sebl was financed mostly by Tom and he gave employees the chance to take stock in lieu of pay from day one. They had a bunch of people profiled on cbs marketwatch once where were early employees, I think it was a few dollars in pay could be traded for one share of stock, pre-IPO. These people made salaries of 28K before sebl IPOd, they wound up with 30K shares, in exchange for 60-80K in pay or thereabouts, it was a good investment and allowed Tom to keep the company. I guess he learned the trick from Larry. L