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


To: Melissa McAuliffe who wrote (2038)8/19/1998 12:14:00 AM
From: Raptech  Respond to of 6974
 
Actually Luccius is correct. The monthly volume on SEBL is down 19.6 %.

We also crossed the 13 and 50 day MA which is bullish.

Rap



To: Melissa McAuliffe who wrote (2038)8/19/1998 10:08:00 AM
From: mauser96  Read Replies (1) | Respond to of 6974
 
It doesn't make a lot of sense to depend on something that's broken, and volume isn't the only tool available for analysis. Volume on NASDAQ stocks is often bogus as an example of real trading volume. If you depend on it for making investment decisions you will be mislead. I pointed out another stock just to indicate the relative level of interest in SEBL compared to other stocks,which is what the original discussion concerned.
You make a valid point about one of the possible reasons for a dull thread. There has been little media attention concerning SEBL. With public interest and media interest there's a kind of" chicken or egg "
situation,since the media write about what they think their readers are interested in. If you really believe in SEBL potential, relative lack of interest isn't bad, because it enables you to buy cheaper.The all important relative strength (compared to NASDAQ) has turned positive in the last 2 weeks which is a very good sign. The biggest thing going against SEBL isn't it's business, it's the company's small size in an institutional market. Most big fund aren't interested in small companies. Nevertheless, I wouldn't own SEBL unless I thought the rewards outweighed the risks.
regards