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

To: Mr Logic who wrote (2650)	4/2/1999 5:52:00 PM
From: Lee L.	Read Replies (1) \| Respond to of 6974

Disagree on both counts... 1. Big IT spend slowdown has affected a number of ERP players... SEBL is not immune. Unlike ERP purchase decisions that require a great deal of IT funding and leadership, decisions on 'ERM' purchases are primarily driven by leaders in the business. 2. ERP vendors... will be going for CRM with a vengeance... So it gets tougher for SEBL. In theory, this seems logical; however where's the beef? The ERP big dogs have been in this space for a while. They continue to prove that they can't execute here. I agree that all of the current ERP malaise is impacting Siebel's stock right now. Given its very high valuation, just about anything could impact the stock in the short-term. Mid/long-term, however, I think SEBL's in the driver seat.