IBM The headline comes from a rather well-known song composed by Cole Porter whose title is “At long last love.” Like a typical IBM quarterly report, the lyrics are complex, and the singer has to settle for Asbury Park. As most tech investors know, IBM reported its results for the December quarter last evening. The…
Summary DocuSign shares, despite a recovery in the last month, have seen one of the greater valuation compressions in IT space over the course of the late valuation correction. The shares are now valued at about typical levels for the company’s growth rate and cash flow generation. The company has expanded far beyond its e-sign…
Atlassian-(TEAM) Yesterday, Atlassian reported another in a strong of what seem to be unusually strong quarters. I suppose if the quarters are all showing growth at elevated levels, then the levels that are being shown are really not elevated. In fact, it seems reasonable to assume, that Atlassian’s organic growth rate is probably higher than…
Can Investors get excited about contact center software? I confess that I haven’t considered contact center software, a category which has existed for two decades to be a place in which to look for high-growth names And hence, I have been remiss in not addressing 5Nine (FIVN), one of the leader in the contact center…
Cognizant (CTSH) We are buying 200 shares of Cognizant (CTSH) in our income/stability portfolio, using up our cash balance, and a little more. We are buying the shares at a price of $64.63, the closing price on Monday, which will take $12,926. We had sold Cognizant shares back in August at $75/share in the wake…
Summary Coupa is one of the leaders in the e-procurement space. It has continued to exceed its targets for growth, earnings and free cash flow generation. The company has built a substantial competitive moat that may not be fully appreciated by many potential investors. The company has grown its TAM prodigiously by expanding its offering…
Most subscribers are probably aware that Amazon has launched a product called DocumentDB that is compatible with MongoDB. In consequence, MongoDB shares have dropped by 13% today and they were down 4% yesterday as the information about the Amazon product started to be disseminated. I have been asked by quite a few subscribers what they…
It has been some time since I have written about Talend specifically. I did write about it as being a potential analog in the wake of the acquisition of Mulesoft by Salesforce-and since then haven’t said too much. I suppose that is a good thing-the shares got crushed in the market correction, and further crushed…
Morgan Stanley upgraded the shares of ANET on Monday. The shares responded-sort of-they were up by 3.6% although that was not a particularly strong performance given the overall market for high growth IT names, several of which, such as Alteryx and Twilio appreciated by more than 8%. ANET has been a poor performer, even relative…
Summary Pega remains in a dusty corner of the enterprise software space from the point of view of investors. On the other hand, some of the numbers reported last quarter suggest a powerful growth story, not really portrayed by the headline numbers. The company has a technology that combines sales force automation with Business Process…