Send Message
View as an RSS Feed
  • Estimates rise and bullish commentary abounds following Salesforce.com's (CRM +10.1%) strong FQ1 report, featuring another quarter of surging deferred revenue, free cash flow, and sales expenses. Credit Agricole is upgrading shares to Buy, and Nomura (Buy) notes billings growth rose 34% in spite of concerns about weakness. During its earnings call, Salesforce noted Gartner now believes the company is the world's #2 CRM software vendor, ahead of ORCL and behind SAP.   [View news story]
    When is this company going to make money? Its a utility - 90% of the revenue is renewals - why are sales and marketing expenses going up so fast?
    May 18, 2012. 02:05 PM | Likes Like |Link to Comment
  • Salesforce.com: Latest Jim Cramer Favorite To Be Crushed By Mr. Market?  [View article]
    Cost is out of control ----> headcount July 2010 was 4,447 and October 2011 its up 50% to 6, 953. Deferred revenue slowing, so adding more people is not increasing sales as planned.

    The other scary metric - cost of sales has increased year to year so that it now costs more than a dollar to add a dollar in sales. Increase in sales so far this year? 434M. Increase in OPEX so far this year? $440M.
    Nov 22, 2011. 07:38 PM | Likes Like |Link to Comment
  • Is Marc Benioff the next Larry Ellison?  [View instapost]
    Amazing how much money it takes to add incremental customers when you have pumped a market dry.
    Oct 5, 2011. 12:30 PM | Likes Like |Link to Comment
  • Salesforce.com Appoints Jeff Lautenbach as Senior Vice President, Enterprise Commercial Sales, Americas 
    this makes the 4th try in 2 years to staff this position
    Feb 4, 2011. 03:07 PM | Likes Like
  • Salesforce.com: Land Acquisition an Unjustifiable Waste of Money  [View article]
    Absolutely stunningly stupid.
    Nov 2, 2010. 12:02 PM | 1 Like Like |Link to Comment
  • Salesforce.com: Difficult to Justify Share Valuation  [View article]
    As a long time CRM consultant, already seeing MSFT and ORCL's new products cutting significantly into CRM's win rates. For 10 years, CRM was the only game in town. And they did not have a great product - just one that worked reliably and at a decent price. MSFT and ORCL are now delivering decent for 1/2 the price of CRM.

    The second trend is the old "Inside the Tornado" - Salesforce has been selling SFA for 10 years, they are now only selling to late adopters and laggards.

    I'm short too.
    Oct 26, 2010. 05:23 PM | 1 Like Like |Link to Comment