Siebel Systems, Inc. (SEBL)

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Looks like good timing on your buy & sell there, Bub.

Membermarked!

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Took my 25% profit and skedaddled, for now.

I will continue to moderate this board for my faithful readers.

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We'll get to 11 yet!

11 posts, that is.

Actually, I'm thinking about taking my profits on this one. This may even be a short candidate soon.

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We'll get to 10 yet!

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S&P 500 October Winners
Peter Kang, 11.01.04, 6:00 AM ET

NEW YORK - It was the revenge of the nerds in October. The technology sector outperformed all other industries as investors flocked to high-beta issues amid favorable earnings reports. While the tech sector's near-term outlook has brightened, investors are wondering whether the gains will hold or are merely a pullback from lows in a beaten-down sector. The S&P 500 gained 15.62 points, or 1.4%, in October, but had it not been for a remarkable 35-point swing in the last four trading days, the index would have fallen by 1.8%. The late gains may be attributed to a decline in crude oil prices, which fell sharply off record highs. The S&P 500 is up just 1.6% for the year as apprehensive investors eagerly await the outcome of a close U.S. presidential election.

Delta Air Lines (nyse: DAL - news - people ) was the highflier in October, logging a substantial 65% gain. Shares of Delta flew after the company said it reached a tentative agreement with pilots that would save the company approximately $1 billion. The beleaguered airline, which announced last month it would cut 7,000 jobs, is attempting to avoid bankruptcy by restructuring more than $20 billion in debt. The airline had the third-largest decline in the S&P 500 in September.

Apple Computer (nasdaq: AAPL - news - people ) tacked on hefty gains as it lifted 35% in October, and is up 145% for the year. Shares were buoyed by the company's fiscal fourth-quarter earnings report, which showed net income doubled from the year-ago period, to $106 million. Apple raked in profits on robust sales of its iPod with "no signs of slowing down," according to a recent analyst note from Credit Suisse First Boston. The research firm said Apple's next quarter "is shaping up to be one of the best on record owing to a confluence of factors, including strong seasonal demand, exciting product cycles, improved supply and inventory refills all occurring at the same time."

Advanced Micro Devices (nyse: AMD - news - people ) added to its September gains, up 29% for the month, as the semiconductor firm announced a pair of new chips aimed at high-performance users. The unveiling came days after rival Intel (nasdaq: INTC - news - people ) said it halted plans to build a 4-gigahertz Pentium 4 chip.

Shares of Citrix Systems (nasdaq: CTXS - news - people ) logged the second-largest monthly gain in the S&P 500 as the maker of computer security software jumped 37%, aided by strong third-quarter earnings. Software firms Siebel Systems (nasdaq: SEBL - news - people ), Mercury Interactive (nasdaq: MERQ - news - people ) and Veritas Software (nasdaq: VRTS - news - people ) also achieved significant gains in October, but are well off their 52-week highs.

[NovoMira]

You coulda let me know this board exists, ya know! ;)

I'm with you....GO SEBL!

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Go baby go!

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Wheeeeee!

Siebel shares surge on upbeat third quarter outlook

By CBS MarketWatch
Last Updated: 10/4/2004 9:01:00 AM

LONDON (CBS.MW) - Shares of business software maker Siebel Systems rallied in the speculative pre-open trade on Monday after the company said its third quarter revenue and earnings will top the analyst forecasts.

Shares (SEBL) surged 19 percent to $9.75, building on an 8.6 percent gain in the stock on Friday. Rival PeopleSoft (PSFT) also early Monday said its third quarter sales would top analyst expectations for growth. See story

Siebel said it expects third-quarter of between $315 million to $317 million, ahead of Wall Street's current consensus estimate for 5 percent growth to $306 million.

The San Mateo, Calif., business software maker anticipates operating income for the period to range from $24 million to $26 million, also ahead of the analysts' average view, according to Siebel, of $20 million.

For the fourth quarter, the company said it remains comfortable with the current consensus forecast. The average estimate of analysts polled by Thomson First Call is for a profit of 7 cents per share in the December quarter.



© 1997-2004 MarketWatch.com, Inc.

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Man, I shoulda sold at that spike a while back.

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Siebel Systems Posts 16% Drop In Net Income

By DAVID BANK
Staff Reporter of THE WALL STREET JOURNAL
July 22, 2004

Siebel Systems Inc. said net income in the second quarter fell nearly 16% from a year earlier and revenue declined 10% as major customers delayed purchases of the company's sales-force automation software. The results were in line with preliminary results the company announced earlier this month.

"We did not perform very well in the second quarter -- period," Siebel's new chief executive, J. Michael Lawrie, said in a conference call.

Siebel's results come as the company faces increased competition from companies, such as Salesforce.com Inc., that offer "customer relationship management" software as a Web-based service. But Salesforce.com, which staged a successful initial public offering this month, issued a forecast for revenue in its first quarter as a public company that fell below what some analysts had expected, causing its shares to drop sharply.

Siebel, based in San Mateo, Calif., reported net income of $8.2 million, or two cents a share, on revenue of $301.1 million. That compares with year-earlier earnings of $9.8 million, or two cents a share, on revenue of $333.3 million. For the current third quarter, the company forecast earnings of between two cents and six cents a share on revenue of between $295 million and $330 million. The company said it expects to record a restructuring charge of between $10 million and $15 million.

That move reflects the challenge from Salesforce.com, which said at a meeting for Wall Street analysts that it had added 14,000 subscribers in May and June. But shares of the company, based in San Francisco, plunged after Chief Financial Officer Steve Cakebread said the company expected to break even or earn up to three cents a share in the year ending Jan. 31, 2005. In 4 p.m. composite trading yesterday on the New York Stock Exchange, Salesforce.com was at $11.70, off $4.36, or 27%.

In 4 p.m. trading yesterday on the Nasdaq Stock Market, Siebel was at $7.74, of 31 cents, or 3.9%. The earnings report came after the close of trading. In after-hours trading, Siebel's shares were quoted higher, at $8.05.

Write to David Bank at [e-mail]

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In @ 8.10.

We'll see if this pig has teats.


Edit: yuck, that was gross, wasn't it.

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I think I'm gonna buy me some of this stock.

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WTF?! No board for SEBL?!

Well now there is one.


PS: grub.