Technology Stocks | Siebel Systems (SEBL) - strong buy?


Next 10 
To: Nick Tingle who wrote ()8/1/1996 12:19:00 AM
From: Whoomi Tellalie   of 6974
 
Hi Nick, what makes you say they "...appear to be the de facto market leader..."? Do you have independent market-share numbers, or is this something H&Q said?

There are actually quite a few players in that market, with new companies jumping in all the time. These new entrants are of two types: the single-product startups (e.g. Borealis), and the "enterprise solution" companies (e.g. Vantive, Scopus, Clarify, Aurum). Get on a decent search engine (e.g. Alta Vista) and do a search on "Sales Automation". Then tell me if you still they they are the de facto market leader in a market that seems to lack any other strong players.

Look hard before you leap.

Share Recommend | Keep | Reply | Mark as Last Read

To: Whoomi Tellalie who wrote (1)8/1/1996 3:47:00 PM
From: Nick Tingle   of 6974
 
Indeed, that was what H&Q said. Certainly the products I've seen before that were described as "Sales Automation" tools - Telemagic, ACT!, Goldmine etc. seemed primitive compared to Siebel's offering, but I'm not familiar with the other products you mention.

I'll go find the H&Q report and type it in.

Share Recommend | Keep | Reply | Mark as Last Read

To: Nick Tingle who wrote (2)8/2/1996 1:55:00 AM
From: Whoomi Tellalie   of 6974
 
Telemagic, ACT! etc. are all junk. True Sales Automation systems provide the features of those, plus what's called "customer information management" features. These CIM systems manage all customer demographic information, as well as all transactions with a customer. Sales, order entry, logistics/shipping, customer service, customer support, and even product development all work off the same customer data.

The CIM market is somewhat crowded, and (excuse the B-school language) fragmented. It's not clear who the survivors will be, but I think VNTV and SCOP will be among them. CLFY is on the bubble, and RMDY needs some more features. I'm not too familiar with many of the others. Call up Siebel and ask them for their 10-K, and see what they say in the competitive analysis section.

I'd be curious to see the H&Q report. Don't type the whole thing in: I assume the report is protected by US copyright laws, and we don't want to see you carted off to intellectual property jail.

Share Recommend | Keep | Reply | Mark as Last Read

To: Nick Tingle who wrote ()8/2/1996 2:04:00 AM
From: Chuck Ogden   of 6974
 
Per IPO documents via EDGAR, Chuck Schwab is a director and his
company uses the software. This suggests good sponsorship.
Comments on this?

Seems to cost about $5000 per seat, per above documents, if I read
it right. Doesn't this seem a tad expensive?

Anyone had hands-on with this package? If so, please share...

Thanks and good luck to all!

Share Recommend | Keep | Reply | Mark as Last Read

To: Chuck Ogden who wrote (4)8/21/1996 6:05:00 PM
From: Eric Thacker   of 6974
 
I have read several glowing endorsements of the CEO. That is always a good sign.

Share Recommend | Keep | Reply | Mark as Last Read

To: Eric Thacker who wrote (5)8/22/1996 1:18:00 AM
From: Whoomi Tellalie   of 6974
 
Yeah, Siebel sure knows how to market himself--the man is a consumate salesman. Still haven't seen any solid products from him, though. Look for the substance behind the style.

Share Recommend | Keep | Reply | Mark as Last Read

To: Eric Thacker who wrote (5)8/22/1996 10:15:00 AM
From: seth thomas   of 6974
 
That comment makes me laugh. What does an endorsement of the CEO (which anyone can get at anytine simply by buying some reporters and/or analysts a nice lunch or a few drinks) have to do with a company, its products, customers, employees, service or its stock?

Share Recommend | Keep | Reply | Mark as Last Read

To: Nick Tingle who wrote ()9/5/1996 1:18:00 AM
From: Joseph F Lee   of 6974
 
Mr. Siebel formerly held an Executive VP position with Oracle's Direct
Marketing Division and grew Oracle DMD from $3M to $100M in seven
years.

Mr. Siebel was a former CEO/President of Gain Corporation (formerly
known as Cayanne Systems) and orchestrated its merger with Sybase.

In the past, he has built his organization with the VERY BEST people
and SIEBEL SYSTEMS IS NO EXCEPTION TO THIS.

It is not a question of IF but rather BY HOW MUCH Mr. Siebel will
exceed analyst expectations.

Share Recommend | Keep | Reply | Mark as Last Read

To: Joseph F Lee who wrote (8)9/5/1996 4:37:00 PM
From: seth thomas   of 6974
 
Whew! Did I miss something here? What button got pushed?

Joseph, do you work at Siebel? If so, in what capacity?

Share Recommend | Keep | Reply | Mark as Last Read

To: seth thomas who wrote (9)9/5/1996 6:22:00 PM
From: Whoomi Tellalie   of 6974
 
Apparently you did, Steven. Sorry. Mr. Farber. Sir.

Yeah, Siebel ran Gain. No products to speak of. Managed to sell it to Sybase for a way-way-way inflated price (probably says less about Siebel than it does about Sybase executive incompetence).

I'm going to see if I can find their prospectus.

Share Recommend | Keep | Reply | Mark as Last Read
Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.