User 510122

Salesforce.com: Absurdly Overvalued

time to go home i think.

Salesforce.com: Absurdly Overvalued

Couldn't agree more w/ the trading elements of trying to short a strong stock...why do it?...so much easy money to be made shorting weakness w/ catalysts. i'll also add that having looked at CRM in-depth in a prior life, there's no doubt that its a strategic asset and in a competitive acquisition scenario draws north of $75/share, many believe this could be a "baby" oracle in the making (and orcl/msft all i'm sure looked expensive throughout its growth phase) and the scarcity value of large, growing addressable markets makes this a must own for growth fund managers. if you are going to use multiples to justify shorting it, then the right way to view it would be taking current revenue stream, taking out massive amount of operating expense and capital investment being made towards growth initiatives to get normalized op margins and cash flow....and then u would see that compared to peers it wouldn't be so out of whack. just something to think about that hopefully dampens the pain from being short this. i have a core position w/ basis in 20's on the gift earlier this year...would not be adding here for more than a trade on intraday squeezes...and would never short this stock.