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Seibert likes Siebel
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September 14, 2000: 4:19 p.m. ET
Barrett Associates strategist advises caution with IDT, Safeguard Scientific
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NEW YORK (CNNfn) - Larry Seibert, portfolio manager at Barrett Associates, said Thursday he thinks Siebel Systems is a buy, IDT is a bit  "pricey," investors should play it safe with Safeguard Scientific and Deutsche Telekom will pay off in the long run, despite some volatility.
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Name: Rick in Alberta
Question: Siebel Systems (SEBL: Research, Estimates). What is your opinion on Siebel Systems now that they are buying one of their largest competitors in Janna Systems?
Answer: We like the Seibel story and the management, and at this price it looks OK to buy. Keep an eye on Oracle (ORCL: Research, Estimates) for inroads into Seibel's business.
Name: Andres in Guatemala
Question: What do you see in the future for Integrated Device Technology (IDTI: Research, Estimates)?
Answer: We like the semiconductor area and now own Intel (INTC: Research, Estimates). IDT is a good company with strong products, but looks a little pricey here. I'd wait for a pullback in the stock.
Name: Valentina in Missouri
Question: Safeguard Scientific (SFE: Research, Estimates). What is your opinion on this stock long- and short-term? It looks very attractive at the present price.
Answer: It had a nice run and has now come back to earth. At 45 times this year's earnings, the stock now has a more realistic multiple. They have an interesting portfolio of companies, but you can probably wait a little bit longer before buying.
Name: Jose in Portugal
Question: Deutsche Telekom (DT: Research, Estimates). Is the international strategy of Deutsche Telekom strong enough to support actual price/earnings ratio?
Answer: Like WorldCom (WCOM: Research, Estimates), AT&T (T:  Research, Estimates) and Sprint (FON: Research, Estimates), DT has decreased incredibly in price. Long-term, this stock is worth buying. Short-term there could be some volatility. The P/E ratio is now 24 times this year's earnings, which is reasonable, but not extremely cheap.
Name: Jim in Missouri
Question: Citrix Systems (CTXS: Research, Estimates). Is there a problem with the management for this company?
Answer: It would seem so, with the stock going from $120 to $20. Citrix had a great run based on a product that enabled users to access company information before the arrival of the Internet. They have announced and are rolling out their own Internet product, but unfortunately it is far from clear whether or not they will ever regain their previous market position. I was outspoken when the stock was above $100 that it probably shouldn't be there, and have a hard time getting excited about it even at current levels.
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-- compiled by Staff Writer Mark Gongloff
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