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


To: syborg who wrote (2227)10/23/1998 5:44:00 PM
From: still learning  Read Replies (1) | Respond to of 6974
 
Depends on the market mood. A poor opening on Monday could esily get it to 17, but 15 seems out of reach unless there is some major news. I think a Republican landslide could do a great deal of short-term damage to the market (maybe ironic, but true) as Monica-BJ-gate gets an assumed endorsement in D.C.

I expect a heavy bearish Nov anyway as tax/loss and tax/gains selling kicks in. Many people have big gains to protect and do not have to fear tax consequences, so if we go into a sell-off you could see a snowball effect.

Absent any of that, SEBL is not a $15 stock again as far as I can see.

JMHO anyway...



To: syborg who wrote (2227)10/23/1998 5:58:00 PM
From: Oleg Sogolov  Respond to of 6974
 
Yesterday, I thought $20 was a bargain. And now this.
I put a limit order to buy @ $18 3/8 during my lunch time only to see the stock move away higher. However, I left the stock purchase open.
Just before the close time, my order got filled. My thinking was the downside surprise is negligent compared to upside at these levels.
Knowing the fact, during the toughest stretch, the stock had hit $15,
buying around $18 was not such a bad idea.

I can not even venture to determine why the stock is not exploding like CLFY. I do not really care. The stock price has nowhere to go but up.



To: syborg who wrote (2227)10/23/1998 10:03:00 PM
From: treetopflier  Read Replies (3) | Respond to of 6974
 
Ok here's four comments/predictions, but you won't like them.

1) SEBL will be at $10 a share by mid-December when the

2) fed cuts rates another 1/2 point for Christmas.

3) By January 15 it will be back to its current level $18

4) and by April 15 back to $10

Doesn't have anything to do with SEBL's products or people, unlike some of my other bearish posts. Just the fate of the apps vendors for the next 12 months or so.

How's the new job?

ttf