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wstera2

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wstera2

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Re: Teri Garner post# 4573

Wednesday, 07/17/2002 5:35:08 PM

Wednesday, July 17, 2002 5:35:08 PM

Post# of 704019
17:28 ET Siebel Systems (SEBL) 11.74 +0.36: More bad news from report: Gross margins slipped to 69.2% from 72.5% last quarter and 72.4% in year-ago period... License revenue of $170.1 mln was way below street view... General view was that market would react negatively to anything under $200 mln... Fact that license revenue now only 42% of total revenues (down from 51.5% last quarter) one reason why margins fell so much... Trend needs to be reversed or company in trouble longer-term... Conference call about to begin.

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