SI
SI
discoversearch

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


Previous 10 | Next 10 
To: hueyone who wrote (6826)7/13/2003 9:00:16 PM
From: Lizzie Tudor
   of 6974
 
nobody will go along though, msft has the luxury because it is an old stodgy company with no growth to look forward to.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: Lizzie Tudor who wrote (6827)7/14/2003 12:59:28 AM
From: hueyone
   of 6974
 
nobody will go along though

Hopefully the FASB will have its way and other companies won't have a choice of whether or not to expense stock options, at which point company managements will have to take a hard look at what kind of equity compensation, and in what amounts, is most appropriate for their companies. I believe NQSO's have mainly been more popular than ISOs or restricted stock compensation up to now, because of the glaring loophole that doesn't require NQSOs to result in an expense on income reports given to investors.

In addition, I suspect employees themselves may eventually drive a movement towards restricted stock at some companies. And regardless of whether the Congress lets the FASB enact its preference to expense stock options, I believe that company management and investors will eventually wake up and realize that handing out stock options at high grant rates is generally at odds with a good, solid, long-term, sustainable business model.

JMO, Huey

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: hueyone who wrote (6828)7/14/2003 1:13:52 AM
From: Lizzie Tudor
   of 6974
 
You should know (and probably already do) that I don't like msft so no matter what they do, I'm not too impressed.

I view msft as the classic monopolist. Notice that now that they have their monopoly, where is the innovation? Answer: nowhere. Msft products are the most incredible bloatware I've ever seen. Especially word, what garbage! Whats really inexcusable is a product like Word is highly visible to executives, they use word, its not like an arcane OS or something. Anybody can see this is not an optimal product. Same with all microsoft products at this point. There is no reason for an OS to take 5 minutes to boot up really. It should be like a tv, turn it on and its on.

With msft's power, they should be innovating like mad. Remember the last days of the IBM monopoly they were still an invention house. Not msft. In my view msft will be taken down by yahoo, sooner than most think.

Anyway msft stock isn't going anywhere and options are worthless there anyway. They have nothing to lose to stop the practice, in fact it is a competitive win for them to kill options. Doesn't matter though, msft will go down whether options have to be expensed or not, they are such a sitting duck. I think yahoo will really hit them hard in the next few years, msft won't know what hit them.

Share Recommend | Keep | Reply | Mark as Last Read


To: Nick Tingle who started this subject7/14/2003 7:48:43 AM
From: JakeStraw
   of 6974
 
Siebel CEO Could Face Damages in Options Case

A California judge has cleared the way for punitive damages against Siebel Systems Inc.'s Chief Executive Tom Siebel and members of the company's board if they are found liable for overpaying Siebel through undisclosed stock option grants.
investor.cnet.com

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: JakeStraw who wrote (6830)7/14/2003 2:44:39 PM
From: hueyone
   of 6974
 
It will be interesting to see how this plays out. It would have been quite stupid for Tom Siebel to do something illegal as alleged, especially when the system is already set up for him to rape and pillage outside shareholders with perfectly legal manuevers. However, judging from the zeal with which Tom Siebel has exploited the loophole allowing him to make stock option grants at ridciculously high grant rates without reporting an expense to shareholders, it would not totally surprise me if he actually did cross over the line on this matter as alleged by the teacher's union. We will see though. So far he is still innocent until proven guilty.

Regards, Huey

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: hueyone who wrote (6831)7/14/2003 6:53:54 PM
From: Lizzie Tudor
   of 6974
 
they are energized at Siebel. It really is starting to look like Larry is going to get Peoplesoft. That leaves Tom with a huge market to exploit of customers that don't want Oracle software (pretty much everyone).

The thing about these compensation and stock options issues is, when a company delivers the growth (ebay for example) people don't seem to care. Its only when the stock doesn't perform and these guys overpay themselves that options matter.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: Lizzie Tudor who wrote (6832)7/15/2003 5:26:03 PM
From: hueyone
   of 6974
 
they are energized at Siebel. It really is starting to look like Larry is going to get Peoplesoft. That leaves Tom with a huge market to exploit of customers that don't want Oracle software (pretty much everyone).

Maybe so, but Tom Siebel used the uncertainty surrounding the Oracle/PSFT deal as a reason for poorer sales than expected during SEBL's warning a couple of weeks ago.

Tom Siebel said the battle by PeopleSoft to avoid a hostile takeover by Oracle was adding to customer fear and uncertainty, leading some to delay software purchases.

biz.yahoo.com

What are your reasons for thinking the Oracle/PSFT deal is going to go through?

Regards, Huey

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)


To: hueyone who wrote (6833)7/15/2003 6:26:57 PM
From: Lizzie Tudor
   of 6974
 
this piece says sebl doing well with deployments

3:01PM Siebel Systems to cut workforce - ThinkEquity (SEBL) 10.03 -0.22: ThinkEquity says they have learned that SEBL is planning to cut about 21% of its workforce as part of its reorganization effort announced on its July 3 conference call; firm believes this is positive, as the co is taking a big bullet now by re-tuning its bloated operating cost structure to support a more likely revenue run rate that will result in a fiscally-sound operating margin; in addition, firm emphasizes that the overall activity around SEBL deployments is very healthy.


In Gartners latest newsletter they were predicting the orcl/psft merger will go through. I was thinking it was unlikely but they said Larry had almost 20% of psft shares committed (if I recall)- that was more than I thought he had. He has met with the largest psft shareholders and Larry has a case in that the industry needs consolidation.

Also some software has come to life recently- BEAS, for one. ARTG and some other little guys.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)


To: hueyone who wrote (6833)7/16/2003 2:12:35 PM
From: Lizzie Tudor
   of 6974
 
fyi Oracle, the worst corporate citizen in the US imo

Huge options grants to executives
Oracle has granted Chief Executive Larry Ellison 900,000 stock options, the first major compensation he has received from the company since 2000.

The company also granted 700,000 options each to Executive Vice President Safra Catz and Chief Financial Officer Jeff Henley. Glass added that the grants are all part of the company's normal annual compensation process.

news.com.com

Laying off US workers while shifting whole R&D areas to India
Oracle said it plans to double its work force at its two research centers in India, bringing the total to about 6,000 employees.
news.com.com

Products the poorest quality in the business
Oracle's "simple" product making life tough?

DHL, which is installing financials and purchasing applications in its European, African and 10 other locations overseas, called the process a "struggle," but said Oracle has been quick to respond to the issues.

"We were getting concerned that (the bugs) were going to impact our deployment schedule," said Jeremy Young, former board president of the Oracle Applications User Group, who is overseeing the 11i installation at DHL.

news.com.com

Share Recommend | Keep | Reply | Mark as Last Read


To: Lizzie Tudor who wrote (6834)7/16/2003 2:18:36 PM
From: JakeStraw
   of 6974
 
>>firm emphasizes that the overall activity around SEBL deployments is very healthy.

If everything is so rosy, then why are they laying off 21% of their workforce?

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)
Previous 10 | Next 10 

Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.