Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Trader Dave who wrote (2578)	2/24/1999 1:22:00 PM
From: Lee L.	Respond to of 6974

You gotta admit, Siebel is the most aggressive, biggest-thinking company in this space -- by far. Yes, the valuation is high; but so too is the opportunity. If you believe in this market's potential, then you would be remiss not* to invest in Sebl.* Everyone else is second and third tier.

To: Trader Dave who wrote (2578)	2/24/1999 3:56:00 PM
From: seth thomas	Read Replies (2) \| Respond to of 6974

Wow - what's with their marketing folks - first the Super Bowl miscue, and now this. The stock is down. I guess this wasn't quite the earthshaking event it was cracked up to be. Actually, I thought it was pretty much anti-climatic and evidently, so did the market. People were expecting something really HUGE, and it ain't. It looks like SEBL tried to get clever and thought some sort of dot.com strategy would get people excited - I think they missed that window. I'm also not sure about the value of seeding the market with their single user version. It looks like it is another product to support/maintain/distribute, without any revenue, sends a confusing message (are you enterprise and competing with VNTV or are you competing with ACT?). I just don't see an enterprise making a decision about a big system because a few maverick independent field reps pick up a free copy of something. And, there's definitely a sense of you get what you pay for in this market - that's always been a SEBL message, helping them to justify a high price, and now it's diluted. In fact, I bet you'll see several annoyed analysts who hauled themselves to this conference give them some demerits, because they feel a bit misled by the hype of the implication of this annoucement, and then the reality.