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

To: Amsterdam who wrote (2820)	6/1/1999 4:40:00 PM
From: Wizard	Read Replies (1) \| Respond to of 6974

I spoke to somebody who knows the SLGX story. SLGX got ONYX thrown out of the Doubleclick account after DCLK had invested $400k into ONYX software and then decided to go with SLGX. Siebel supposedly competed for the business too but really didn't come into the picture because they don't offer much for the low prices being thrown around. SEBL is going after the market with a pre-configured approach and charging big bucks. SEBL's direct sales force will probably present channel conflict issues for getting into the low-end anyway. Siebel is also trying to get into mid-market though hosters (like USIX). However, they charge $500/mo per user vs $200/mo for SLGX (remember, you rent software if you use somebody else to host). Not sure if low-mid market wants to pay that kind of price. The only thing that really sounded potentially meaningful was that SLGX has a deal with IBM where IBM does hosting, back-office from Great Plains and Front-Office from Saleslogix. SLGX stock looks like it will be illiquid from here out. Don't know if anyone will care.