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CRM SalesFARCE dot com price target $60 in 12 months

|Includes:Salesforce.com, Inc. (CRM)

Finally the time is nigh for the SALESFARCE.COM's deluge. Now that the chart is technically crippled, only value/fundamental investors remain...of which there are equal in numbers to black swans. I've waited almost two years for this, and will celebrate the imminent recovery of jaw-dropping losses this weekend. Yeah!

On a valuation basis, I would give it a 25X operating cash flow of 300$ m. Add $800m of cash from balance sheet and you get a price target of $60 on 145m shares outstanding.  I think even this is generous.


This baby is going to fall hard to the ocean's bottom; even Mark's dolphins wont resuscitate it.

Stocks: CRM