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

To: Amsterdam who wrote (2460)	1/11/1999 7:25:00 PM
From: Ron	Respond to of 6974

Interesting optimistic comments from Goldman Sachs analyst Rick Sherlund from an article about sofware sales on DJ newswire:(excerpt) And Siebel Systems Inc. (SEBL), which makes programs to automate sales and other front-office functions, should post a big jump in fourth-quarter profits, Sherlund estimates. He puts net for the period at $16 million, or 16 cents a share, compared with a year-earlier loss of $14.9 million, or 43 cents, including a $22.7 million pretax writeoff. Sales more than doubled to $119 million from $42.2 million, he estimates. "The market penetration in sales force automation is 3% to 4%, so they might be able to push through 1999 without any impact from Y2K," Sherlund said.