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


To: Raptech who wrote (2006)7/31/1998 1:35:00 PM
From: Raptech  Respond to of 6974
 
This is the kind of stuff that will make us move up again........
Nice target at $36.

Friday July 31, 11:39 am Eastern Time

RESEARCH ALERT - Siebel Systems raised

NEW YORK, July 31 (Reuters) - SoundView Financial on Friday said it raised its rating on shares of Siebel Systems Inc. to short-term buy from hold.

-- Long-term rating remains unchanged at buy.

-- Price target $36/shr.

-- Earnings estimate 1998 remains unchanged at $0.49/shr and 1999 at $0.72 a share.



To: Raptech who wrote (2006)7/31/1998 3:54:00 PM
From: Melissa McAuliffe  Respond to of 6974
 
Raptech, I'm actually not complaining about the price drop since I know it will move back up. I was simply commenting on your post which said the pullback was expected due to the runup. All I was saying was that this isn't a simple pullback due to a runup. Obviously there are other factors impacting things these days one of which is the general market coupled with the fact that money seems to be moving out of enterprise software recently.

From a TA perspective, particularly support and resistance, this is more important to those of us who may have written calls against our stock...of which I'm one. Or for people who may want to buy more stock...or whatever.
Melissa