The Mongo is a very small unit of currency in Mongolia. In fact, in terms of buying power it is about worthless. MongoDB is a small company which is anything but worthless. For those readers unfamiliar with the company, MongoDB is a leader in the NoSQL database field, a technology that is crucial in deploying…
Today has been one of those massive reversal days during which one wonders if it is the start of a trend or just a blip in a long-term upswing. IT stocks overall, and Guidewire in particular, have been on a tear in recent weeks. As earnings continue to be released, it is obvious that users…
Apptio-A set of application to manage the business of IT-with some creep into adjacencies The question of finding a dusty corner in a market constantly searching for the same opportunity is surely vexed. No reader need be told that IT shares have been on fire this year and last year too, and that has left…
In our weekly commentary, we mentioned the rumor or unconfirmed report that Microsoft would be buying GitHub. Today, that rumor has been confirmed. Microsoft has announced its acquisition of GitHub at a price of $7.5 billion, the consideration payable in Microsoft shares. Overall, MSFT will be issuing about 75 million shares, which represents a bit…
Zuora Zuora shares rose almost 20% of Friday in the wake of strong earnings. Lots of small cap tech was rising on Friday, so perhaps some kind of frothiness might have been anticipated. But 20% is a lot of froth. Zuora is a name I recently reviewed on SA in the aftermath of its IPO. I found the…
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I couldn’t resist the alliteration, but it is a bit of an exaggeration. WDAY did miss its bookings target, and the guidance it provided was not stirring, and for a hyper-growth company with a rather stretched valuation that can lead to some difficult share price reaction, but the business is not coming off the rails.…
VMWare, part of our high-growth portfolio, achieved another quarter of…high growth. Once again, VMW grew faster than expectations, and it raised its guidance by a noticeable amount, although it has certainly left room for upside surprises. The upside was driven by higher license revenues, plain and simple which in turn drove higher margins, and a…
Salesforce (CRM) reported the results of its fiscal Q1 on Tuesday, May 29th. For those readers who want the short version, the quarter was a stunner-or at least almost so. It is best characterized by the title of a song that was the theme of one of the great performers of my youth, Ethel Merman.…
The Controversy Splunk reported the results of its fiscal Q1 last Friday. The company beat expectations-as adjusted for the adoption of ASC 606 revenue recognition standard-and raised its outlook for the balance of the year. The shares fell a bit more than 5% and are down a bit more this morning consistent with the decline…