Tue, 26 Nov 2002 18:49:10 GMT
On October 7, 2002 Siebel registered "SIEBELMICROSOFT.COM". Between October
7, 2002 and October 21, 2002 when they finally announced the nature of their
deal,
Siebel stocks rose, roughly 20% or $0.98 on rumors of a pending
merger. Given
Siebel's disclosure problems, I'm now left wondering how much
this registration lead to the run-up (in addition to the idle speculation
that must have stemmed from internal leaks of other types...). It would be
interesting to find out who made how much between the 7th and the 21st of
October. The National Post ran a story yesterday (that I'm trying to find
online) that reported that 53% of CRM installations never work. Sounds about
right.
Tue, 26 Nov 2002 17:35:23 GMT
"No one who has read official documents needs to be told how easy it is to
conceal the essential truth under the apparently candid and all- disclosing
phrases of a voluminous and particularizing report...." - Woodrow Wilson