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


To: Trader Dave who wrote (1138)3/2/1998 10:04:00 AM
From: Melissa McAuliffe  Read Replies (1) | Respond to of 6974
 
Where is the announcement?



To: Trader Dave who wrote (1138)3/2/1998 10:10:00 AM
From: Melissa McAuliffe  Respond to of 6974
 
.36 shares of sebl for each scop share per cnbc.



To: Trader Dave who wrote (1138)3/2/1998 10:12:00 AM
From: damniseedemons  Respond to of 6974
 
Well, in order to be "the PeopleSoft of the front-office," SEBL needs to broaden the product line, which is clearly their intent with the SCOP merger. Hopefully it works-out as planned :)



To: Trader Dave who wrote (1138)3/2/1998 11:05:00 AM
From: Melissa McAuliffe  Read Replies (1) | Respond to of 6974
 
TD, Hopefully you can explain something here for me. Why is it that scop is trading at a discount to the purchase price? If I take the current price of sebl x .36 it appears scop is trading at between 1.5 and 2 points less than this amount. In otherwords, wouldn't this make scop a value assuming this acquisition happens? It actually crossed my mind that buying some more scop might be a good idea. So I assume I must be missing something here. Thanks.
Melissa