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


To: mauser96 who wrote (2037)8/18/1998 10:31:00 PM
From: Melissa McAuliffe  Read Replies (2) | Respond to of 6974
 
Lucius, When you talk about volume on a stock, it typically refers to a comparison to that stock's average volume....not a comparison to other heavily traded stocks. So whether sebl's volume is 1/10 of or 10x that of another stock is irrelevant. Whether or not the volume is legitimate is also irrelevant because it's all one has to go by.

822,000 shares for sebl is decent volume but I wouldn't call it heavy volume. However, the stock is still moving up a little more each day which is fine with me.

It is quite possible that this thread (along with numerous others here on SI) is quiet because right now there just isn't that much to say. We're between quarters, two more months until the next earnings report, half the world is on vacation and there is nothing of notable interest surrounding this stock right now. Also, the last month(seems like much longer than that) in this market has not been exactly fun unless you were a short so probably many are just quietly waiting to see what happens.
Melissa