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


To: Ed Schultz who wrote (1262)3/13/1998 2:16:00 PM
From: Big Sky  Respond to of 6974
 
Last time I looked, Eric Schmidt was listed as a member of SEBL's Board of Directors. I would have hoped that they wouldn't stoop to posing one of their board members as an enthusiastic customer. (Actually, this is pretty consistent with SEBL's modus operandi...e.g. Schwab, Andersen, maybe others?)

SEBL won Novell's business for one reason.....Eric Schmidt is vested in SEBL. I heard directly from a very good source that Eric Schmidt didn't allow any top tier vendors (VNTV, SCOP) to compete for the SFA business because he wanted SEBL to "win". There was no real "evaluation", at least, the obvious contenders weren't allowed to present a solution......I wonder how many SEBL options/shares Eric Schmidt has?

From SEBL's press release announcing the SEBL/SCOP merger...a "forward looking statment" re: "Totally integrated ERM solution"....yeah, maybe in the year 2000!:
>>>"Eric Schmidt, chairman and CEO of Novell, ..., said in a statement, "The benefits are clear: comprehensive functionality; clear technology leadership; a totally integrated Enterprise Relationship Management solution; and an unrivaled global support and service infrastructure.""