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


To: syborg who wrote (2798)5/19/1999 12:21:00 PM
From: Thean  Read Replies (1) | Respond to of 6974
 
The price action of SEBL the last few days and again today shows very strong upward momentum in the stock. The near term support is $42 1/2 but I think we are moving to test $50 first before people start thinking about a 10% correction. If SEBL can break into all time high in the next month, then it would be reasonable to expect a stock split in the next earning announcement. Near term supports are 42 1/2, then 39 and then 34 (big fear scenario of the overall market).