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

To: Lizzie Tudor who wrote (2181)	10/14/1998 10:23:00 PM
From: Melissa McAuliffe	Read Replies (3) \| Respond to of 6974

Well, I don't know about a short squeeze though I'd think it's likely. But all I can say is that if this stock doesn't go up tomorrow then something is seriously wrong with this market. And I don't mean the normal go up three points (or whatever) and then start dropping. As you know I've always been bullish on this company. But I really can't see what's going to be able to stop sebl's momentum. I think that right now sebl is in the right place at the right time with the right products.......and that's a pretty good situation to be in. So as much as I hate it when my stocks drop I don't really care anymore since over the long haul I think there's a lot of money to be made owning this stock. Here's a thought....If someone had bought 1000 shares of PSFT in 1994 at $27, today, even after how much it's dropped their investment would still be worth $160,000 after all the splits. Several months ago psft was at 56, that same investment would have been worth $480,000. Lest someone point out all the hundreds of other companies that might have generated a better return, I'm aware of many of them. The reason I specifically mentioned psft is because a)it's an application software company and b) I see a lot of similarities to where psft was then and sebl is today. SEBL is still in hypergrowth mode unlike many of the larger ERP companies who have moved into a new phase of their lifecycle.