Salesforce Likely To Be Below $15 By Year's End [View article]
I would argue even if Force is very profound the stock is still overpriced. I tend to agree with Sunil that Force is not that profound. Sunil makes a good point about saleforce.com. You can see they are always trying to cuddle up to the sexiest (also high p to e) parts of the web. google, facebook, ... even though the real business value may be negligible. I think they're good at stock promotion. I don't know about 15 but I say teens after the earnings announcement. It's a decent company, I think they'll be around, but I don't think they deserve a 100 p to e.
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I would argue even if Force is very profound the stock is still overpriced. I tend to agree with Sunil that Force is not that profound. Sunil makes a good point about saleforce.com. You can see they are always trying to cuddle up to the sexiest (also high p to e) parts of the web. google, facebook, ... even though the real business value may be negligible. I think they're good at stock promotion. I don't know about 15 but I say teens after the earnings announcement. It's a decent company, I think they'll be around, but I don't think they deserve a 100 p to e.
Nov 07 19:57 pm
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All Comments by Thomas J. Gordon »Salesforce Likely To Be Below $15 By Year's End [View article]