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Not surprisingly, Cornerstone OnDemand (CSOD +7.5%) is rallying after IBM-Kenexa fuels new hopes...

Not surprisingly, Cornerstone OnDemand (CSOD +7.5%) is rallying after IBM-Kenexa fuels new hopes that the company will be bought out by a larger enterprise software name. Also trading higher are peers Saba Software (SABA +10.6%) and Ultimate Software (ULTI +2.5%).
Comments (1)
  • foodforthought
    , contributor
    Comments (217) | Send Message
     
    KNXA bought at 2012 and 2013 expected P/S multiple of 3.5x and 3.0x, respectively.
    CSOD is currently trading at 2012 and 2013 expected P/S multiple of 11.5x and 8.1x, respectively.

     

    What a Joke! CSOD is surely a take-UNDER, and so is ULTI!
    27 Aug 2012, 09:38 PM Reply Like
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