Summary: (I predict stock to be above $50 after that call)
676% gain since Marc originally came on Cramer.
Cramer starts drooling!!!!
spectacular #'s - first billion $$ qtr coming
31% rise in rev - no other software company is growing faster.
#1 in sales
#1 in customer service
#1 in Marketing with Exact Target
Cramer still drooling!!!!
Major alliance with Oracle - uniting clouds.
Salesforce is going to be used INSIDE Oracle - replacing their own CRM.
Cramer goes off tangent about security - makes no sense.
Cramer asks how CRM is reinventing retailing.
tremendous relationship with Home Depot.
Cramer nods head, can't wipe smile off face.
Marc loves Yelp - world class sales operation.
CRM works with Yelp.
Cramer predicts stock will keep going up.
On path to get $10 billion. They want to join Oracle, MSFT, and SAP in this market.
Dreamforce to be world's largest technology conference.
Green Day playing.
Cramer wipes drool and foam from mouth.
He can't wipe smile off his face.
I completely disagree. Salesforce is an integral part of how many companies do business.
Not to say that someone else could come along and steal their market share but at this point it is highly unlikely. They are becoming one of the 100 pound gorillas like Oracle and MSFT.