Thursday, August 17, 2006
Shares Of Salesforce.com Skyrocket - Forbes.com
Shares Of Salesforce.com Skyrocket - Forbes.com: "And while salesforce.com will continue to face serious competition from the likes of Microsoft (nasdaq: MSFT - news - people ) and Siebel, which is owned by Oracle (nasdaq: ORCL - news - people ), Tim Boyd, an analyst for Caris & Company, said the firm has held its ground.
'What we find most impressive about Salesforce's quarter is that it was able to re-accelerate revenue growth, add more subscribers than ever before and generate high levels of cash in the face of greatly increased competition,' he said.
'In other words, Salesforce is under more competitive pressure than ever before and yet its fundamentals are improving.'"
'What we find most impressive about Salesforce's quarter is that it was able to re-accelerate revenue growth, add more subscribers than ever before and generate high levels of cash in the face of greatly increased competition,' he said.
'In other words, Salesforce is under more competitive pressure than ever before and yet its fundamentals are improving.'"
