September 1, 2010

Short Pick: Salesforce.com (CRM)

"Cloud computing is a great story just like the Internet was a decade ago. But the stock price (salesforce.com, inc. (CRM)) , at 150 times trailing earnings, is completely divorced from any sort of sane valuation based on fundamentals or growth prospects."

Bret Jensen, chief investment officer at Simplified Asset Management

3 comments:

Anonymous said...

Look behind the curtain. Does NO mean NO in 'NO software'????

Anonymous said...

There's always a new problem waiting round the next corner. Never done huh!

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