From time to time we get requests for commentary on names that we do not recommend but which are of interest to subscribers. Recently both Salesforce and Workday reported the results of their fiscal Q3. There were marked similarities as well as some differences in terms of what was reported. Overall, the headline results were…
As mentioned, we are making a change in our high-growth portfolio. We are selling our position in Cloudera and buying CRWD at the closing prices of Tuesday. We had 1500 shares of CLDR in the portfolio which we sold for $11.90. That raised $17.850. This was a noticeable loss from our initial investment but represented…
Summary Earlier this month, SMAR announced another strong quarter and wound up raising guidance. The company has maintained growth above 50% since it became a public company in April 2018. The shares have fallen about about 23% from the all-time high set at the end of July. The company is not profitable-its is burdened by…
Summary CrowdStrike shares are down more than 50% from their peak. The company just announced another blow-out quarter that has compressed valuation metrics substantially. The company continues to disrupt the market for End Point security with a unique offering and a huge competitive moat. Most 3rd party research providers rate it as having the best…
As mentioned in yesterday’s post, we had plans to sell our LOGM position if the shares traded above $82. They have indeed reached that level and we sold our position of 195 shares for $82.95. This raised $16, 175. We are replacing the LOGM position with the purchase of 105 shares Dassault Systemie (DASTY) at…
Just a quick post on matters of some concern to some subscribers. LOGM Rumors have abounded that LOGM is in the final stage of negotiations to be taken private by two prominent private equity firms, Francisco Partners and Elliot. The consideration is said to be in excess of $4 billion. The shares have been up…
Last week, 2 of the sick men in our coverage reported their results. One of them is sitting up and taking nourishment as southerners might say. Cloudera had what was considered a decent quarter, and the shares appreciated noticeably, continuing a recovery that started last summer in the wake of a significant investment from Carl…
Note to subscribers-I was scheduled to write about Smartsheet’s at this point but my interview with the CFO got pushed back to next Thursday. I would rather have the benefit of a one-on-one conversation with the CFO than not, so my post will come out at that point. DocuSign was a rare stock indeed in which…
Today, TTD shares were upgraded by Needham who has assigned a $325 target price. The analyst spoke about a shortage of available ad space due to declining viewership of linear TV-the kind most of us watch. In the meantime ad demand is rising creating a desirable situation for a demand side platform such as that…
Sometimes you do lots of work and think you understand a stock-or perhaps better said the company whose shares you are evaluating. And then said company reports results and the shares take a tumble and you can’t quite figure out what happened or what are you missing. And that in a few sentences is the…