salesforce.com, inc Message Board

  • wingofeaglets17 wingofeaglets17 Jan 9, 2013 12:59 PM Flag

    (WDAY) Cfo steps down! After Lockup, this may plunge 15

    they are running out of cash

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    • Where did you see this? Obviously this company is going nowhere when they have to contend with bidding against Oracle's Ellison, CRM and SAP for the same line-up. They sell $80 million, it costs them $120 and they lose $40. The more they sell the higher their losses. Their recent qtrly. even projected a measily 15% growth over recent quarter. Takeaway the $600 million from the IPO and they would have already run out of cash. Some gameplan. Check the WDAY stories on Yahoo from the last few weeks and the current 10-Q. Best short out there-rivals the idiot companies of the late 1990's with MC's in the billions and minimal sales and huge losses.

      Sentiment: Strong Sell

 
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