Microsoft, which amasses thousands of U.S. patents ever year, said that while terms of the agreement are not being disclosed, the software giant "is being compensated by Salesforce.com based on the strength of Microsoft's leading patent portfolio in the areas of operating systems, cloud services and customer relationship management software." Microsoft and Salesforce.com are rivals in the market for Internet-hosted, customer-relationship management software used by businesses. How much loss they will report or reduce guidence?
The guy makes some good points. I do not think he sees the size of the market opportunity. But I took profits today. I will definitely rebuy. I expect a retest of 85 before the year is out. I am going with "sell" based on a high valuation, but it is "sell and buy again lower".