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Frankly, in the case of Siebel I don't think it's worth spending a lot of time on.

Frankly, Mike is deluded, keep 'em coming John.

But seriously...

Would a decision to buy or sell the stock be changed by the impression that margins had or had not increased from 10% ro 15%?Probably not.

Absolutely, but it will keep our expectations of the net margin in check.

I hope I didn't detract from a succinct and independently minded report.


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