Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
  • David White
    CNBC saying CRM shows booming profits QoQ. PE = N/A means no earnings by GAAP. People keep pumping this one. A scam!
    3/8/12
    Reply (5)
    • FortSumter: Yes, but they have free lunhes for their employees. That's gotta count for something, no?
      3/8/12
    • David White: Good humor.
      3/8/12
    • apwwest59: But GAAP doesn't matter! Just ask Marc Benioff. Salesforce made like $12 per share once you back out those pesky expenses.
      3/8/12
    • David White: They hardly made anything even with the expenses backed out, unless you back out salaries, etc.
      3/8/12
    • Josh Krause: They pay their employees in stock options. Why pay salaries when you can pay in pieces of printed paper. Learning from the Fed.
      3/9/12