Siebel was in a world of hurt. For Tom Siebel to sell to Larry Ellison, this is his worst nightmare. That shows the dire straits Siebel was in.
More Quotes from David Hilal:
For a company with great profitability and a near monopoly, it would certainly not be unheard of to pay two to three times the growth rate. So paying 25 times earnings for one of the strongest technology companies with an awesome franchise is fair.David Hilal
This segment of the business could provide wind for Microsoft's sails for the coming years.
David Hilal
There is a definite horse race between the two of them. But this is a massive market. It is not an eitheror situation. Both will be successful.
David Hilal
The applications business continues to stumble and this quarter shows that. Oracle doesn't have the best applications products. That's why they want to buy PeopleSoft.
David Hilal
Netscape is less and less of a priority for AOL Time Warner, and this is just another step in the slow sun-setting process of Netscape Navigator.
David Hilal
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