We made some significant changes in our income/stability portfolio. We eliminated our entire position in shares of Dassault Systemie. We felt that there were more interesting companies that are paying dividends in which to invest. While slow growth is not necessarily something that motivates a sale, we obviously look to find companies with greater growth.…
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.…
Salesforce reported the results of its fiscal Q4 the end of last week. We do not include the company in our model portfolio primarily because of its very slow path to GAAP profitability and the very high level of dilution resulting from its enormous use of stock-based comp. On the other hand, we cover the…
The WSJ today carried a story that outlined a presentation hacked from the E-Mail account of Colin Powell, a board member of Salesforce.com. The presentation was made to the Salesforce board in May and included all of the company’s possible M&A aspirations. At this point, the hacked presentation has been confirmed as valid. Here are…
The wires today were full of speculation regarding the potential purchase of Twitter. The two most widely mentioned names as potential acquisitors were Google (GOOG) and Salesforce (CRM). There are many to reasons to think that Twitter could be a company that might elicit bids. The newest “hot” bit of functionality relates to its initiative…