Tue, 26 Nov 2002 18:49:10 GMT
[Posted to Random Bytes on November 26, 2002 01:49 PM| Links to this post ]
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.
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