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

To: Steve Hufnagle who wrote (2780)	5/11/1999 10:11:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 6974

Steve, The CNBC reporter that was doing the report had just delivered a fairly glowing report on SEBL. I would guess that he brought up the SAP and ORACLE competition as a counter-balance to the rest of his report (which was highly positive). The "competition" is that both SAP and ORACLE were said to be gearing up to compete with SEBL for the front office (sales force) software field. However, both competitors were said to be a minimum of one year away from the introduction of any competing software. In the interim, SEBL will attempt to build up and strengthen customer and brand name loyalties. Most current competitors had simply ceased to exist and quietly gone out of business. CNBC said that SEBL currently owns 65% of this market, and is the gorilla in this niche. Hope that this will clarify somewhat for you what CNBC presented. KJC