CRM is not overvalued . Are you kidding me. I went to their conference for the 1st time wanted to see what it was about. Can you say holy #$%$. They have got that market corner completely at the moment & no worthly competition for them. These company has the potential to be a beast in the next few years down the road. It is definitely something I would consider putting in a portfolio long term if I had extra money.
Hi, equityrich. All day long I have been reading comments like yours from people on the ground that were aware that Openstack etc. were eating VMW's lunch. I am amazed that the analyst community is so far behind the curve (I suppose you could say the same thing about Apple, but in my mind that had to do with how to value the competitive threat, not missing it completely). In any event, I was wondering if you were aware of any similar situations to VMW. Thanks for any response.