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

To: Diver who wrote (2230)	10/23/1998 9:45:00 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 6974

I would be a lot more worried about what the Fed does or does not do mid-November. Does not do? Unless something changes in the next few weeks, I cant see how the Fed wont cut rates. Is there anybody that thinks the economy is so healthy they dont need to reduce rates by 1/4 at least? Things are slowing around here thats for sure. Michelle BTW people.... Im looking to add to my Sebl position between now and Dec 98... any predictions?

To: Diver who wrote (2230)	10/26/1998 11:17:00 AM
From: still learning	Respond to of 6974

If the SEnate or House go decidely Republican (closer to 2/3s) then it will be taken as a signal that the public is behind the impeachment hearings. Emboldened, the R's will drag it out. This kind of uncertainty is at least as damaging as uncertainty over rates/the Fed. Since usually Republican wins are good for the market, this would be ironic. I am as worried about this impeachment dragging on as I am about other policy events (Interest rates, IMF liquidity, etc.) Generally, it's very hard for politics to impact the market in a non-presidential election year. But an impeachment inquiry will have a strong impact if it's not resolved before early 1999