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


To: Trader Dave who wrote (2192)10/15/1998 9:57:00 AM
From: Melissa McAuliffe  Respond to of 6974
 
TD, Well so much for the theory that it's the guidance that matters. The guidance was great (or so I thought) but now they get downgraded because they didn't beat the number by enough.

What's most amazing is that this doesn't even surprise me anymore. I would imagine that all the buys yesterday afternoon are the sells this morning and yet another stock is being manipulated.

These analysts are just something else, that's for sure. I have a hard time believing this guy eric could have possibly been on that conference call and downgraded the stock this morning.

As Amsterdam said, maybe he found something obscure in the numbers but I doubt it and if he did wish he would share it with the rest of us. Well, it will be interesting to see what the rest of these guys come out with.
Melissa