Salesforce.com Breaks $1 Billion in Annual Revenue [View article]
Jackdee:
I surely don't claim to be any type of analyst for salesforce.com, nor do I own any......yet, but they're kicking Oracle's butt, and not by slashing prices. PE means nothing if you don't look further. What other companies with a market cap of at least 3billion is beating street expectations handily while 67% off its June 2008 highs? Obviously up in the aftermarket, with a first line of resistance at 31, then 35.....worth watching.
Salesforce.com Breaks $1 Billion in Annual Revenue [View article]
I surely don't claim to be any type of analyst for salesforce.com, nor do I own any......yet, but they're kicking Oracle's butt, and not by slashing prices. PE means nothing if you don't look further. What other companies with a market cap of at least 3billion is beating street expectations handily while 67% off its June 2008 highs? Obviously up in the aftermarket, with a first line of resistance at 31, then 35.....worth watching.