M-P

SaaS Stocks Down 50% in 2008: Why I Remain Upbeat

The SaaS model is different from the normal on-premise SW company and yet their valuations have often been on par. The SaaS model should provide a less lumpy revenue stream, but the SG&A and blazing the path is taking a chunk out of gross margins, which are similar to on-premise providers. Similar to Amazon, I think the economies and efficiencies should come out of the Cloud at a few billion dollar top line. The operating cost of the revenue should continue to be watched ...