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


To: chojiro who wrote (6682)5/12/2003 2:37:47 AM
From: chojiro  Read Replies (1) | Respond to of 6974
 
At any rate, the company will be presenting at two conferences this week.
I wonder if they've learned how to zip the lip yet?

Thomas M. Siebel, Chairman and Chief Executive Officer, will present a company overview at the Smith Barney Citigroup Software Conference at 12:10 p.m. EST on May 14, 2003, in New York City. http://biz.yahoo.com/bw/030509/95480_1.html

Mark Hanson, Senior Vice President of Corporate Development and Investor Relations, will present a company overview at the U.S. Bancorp Piper Jaffray Fifth Annual Technology Conference at 9:40 a.m. EST on May 13, 2003, in New York City. biz.yahoo.com



To: chojiro who wrote (6682)5/12/2003 2:55:45 PM
From: Mike Buckley  Respond to of 6974
 
This is an interesting series of events that shows that management appears to have really bungled it.

On May 1, the MarketWatch article stated that a company spokesman said that the names of the analysts and the firms they represented were not immediately available. Eight days later the same author wrote that the company is refusing to reveal the names.

The company's statement e-mailed to MarketWatch in response to the May 1 article is that Goldman answered questions using the same information conveyed during the conference call that took place on April 23. Why in the world would the company hold a private meeting with analysts, meaning a meeting that is not available to the public, just one week after the conference call unless there was additional information to impart? After having been fined for violating FD, you'd think they would know better. It really smacks of corporate arrogance to me.

At least management has finally, finally, supposedly decided not to hold any analyst meetings that aren't being broadcast on the Internet.

--Mike Buckley