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ccarfi
Closing the CRM Gap: Using IT to Get Closer to Customers
by ccarfi (CEO, Cerado, Inc.)

 

CRM Player Salesforce.com Taken Out Behind The Woodshed

ccarfi (CEO, Cerado, Inc.) posted 7/21/2004 | Comments (0)
So, salesforce.com had their first investor/analyst call today. After having their IPO delayed a number of times, yet still riding a hype wave to the biggest first day gain for an IPO this year, the market pummelled them for missing analyst projections. Oops. Stock goes down 27%, giving up a good chunk of their gain to date in one fell swoop.

Too much hype makes the market cranky, especially when you don't live up to it.
Vendors Mentioned
Salesforce.com CRM Software,

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