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To: TEDennis who wrote (7188)12/19/2002 12:04:23 AM
From: TEDennis  Read Replies (2) | Respond to of 9677
 
Reuters
Siebel Falls on Microsoft Threat
Wednesday December 18, 8:37 pm ET

PALO ALTO, Calif. (Reuters) - Shares of software maker Siebel Systems Inc.(NasdaqNM:SEBL - News) shed 7.7 percent on Wednesday after an analyst said new customer service software from industry giant Microsoft Corp.(NasdaqNM:MSFT - News) poses a competitive threat to Siebel.

.... Microsoft, a key Siebel partner, this week gave analysts a preview of its much-anticipated, new CRM software.

"We were very impressed by Microsoft CRM, which should be generally available by December 31," JMP Securities analyst Patrick Walravens said in a client note.

Microsoft has since said it will release the CRM software early next year.

biz.yahoo.com