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CRM could become a behemoth in the future.
posted by beanie on 1 months ago
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I'm not a tech expert but i would agree. It will take a while, the stock has already moved
up quite a bit, i like it long term and will look to buy if and when it pulls back to 25
level.

CRM closed @ $37.50

I guess you could say i believe CRM is on its way to become the next ORCL. I don't see any
reason why it wouldn't.

CRM specializes in on-demand software applications. "On-Demand" applications
will become huge in the future. The company is in a hypergrowth stage right now.
Salesforce (CRM) competes with Siebel Systems, which was acquired by Oracle. In my
opinion, Siebel Systems was getting its arse kicked by CRM, a very strong contender that
went ipo only 2 years ago. CRM currently has over 300 different applications on their
site. One of their most recent product is the ScanR, a business card scanner service which
allows you to take picture of business cards with a camera phone or digital camera and
have those scanned cards organized digitally for you.

I am sorry i didn't get you guys into CRM in the low $20's on the recent sale. I spoke of
this company last year and how much i liked it. If Siebel Systems couldn't handle
Salesforce.com in the customer relationship management arena, i don't think combining with
Oracle will make much difference either. In my opinion, Saleforce.com (CRM) will
eventually own that space.

CRM has a really nice chart, for short term, intermediate term and i like it alot for the
long term.

Beanie's 4 Horsemen:
1)CRM
2)GOOG
3)AAPL
4)AKAM

(Note that both CRM and GOOG have a large insider ownership.)


www.beanie11111.blogspot.com

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