The weather here is definitely that of midsummer and perhaps it has impacted the cognitive processes of investors. Most headlines have proclaimed that tech is on fire and companies such as Nvidia, Apple and NetApp are reaching new, all-time highs daily with lots of hype and fluff. I won’t get too down on NetApp as…
To say this has been a horrible year for investors in high growth IT space is somewhat akin to the statement made by the Emperor of Japan announcing its defeat and surrender of his country in August 1945 to the effect that the war had developed “not necessarily to our advantage.” This has been the…
Salesforce-A recommendation for a perilous market The title of this article comes from a quote by Ray Bradbury, a well known author, whose most famous work was “Fahrenheit 451.” I thought it particularly appropriate after the months of share price bloodletting. I have not written about Salesforce (CRM) on the SA platform for about 4 years now. I…
Color me very impressed. Color me a little blue in that I do not own this name. Color me a bit shame-faced in that my initial article did subscribers no favors and got the stock recommendation totally wrong. Sometimes this is a humbling business. One of the strongest quarters at scale I have seen from…