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Summary Slack reported its fiscal Q2 last week. Headline numbers were a beat; the company maintained prior guidance for it 2H projection. The shares fell significantly (about 12% last week), primarily because calculated booking did not reach analyst consensus. The miss in calculated billings was the result of a variety of unique events associated with…

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I have been asked by several subscribers about the lawsuit recently filed by Slack against IBM. Slack shares have been somewhat weak since the time the lawsuit was filed. They fell 7.4% last week, and they are down by 13% since they made a high about 1 month ago. That compares to a break-even result…

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Can you believe it? Nutanix tops a CIO usage survey I obviously am unable to conduct surveys I have a small business with a decent body of subscribers that I do the best I can to support. But one thing I haven’t wither the resources or the disposition to undertake is the user surveys that…

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5)  Zuora enjoyed a reasonable quarter which was better than feared and its share price was able to rise-although not by terribly much. Compared to most other software vendors, the shares have been languishing, with appreciation of just 20% since May 1st. It was the fact that the shares had not seen any substantial anticipation…

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The news that most people watch is about the progress that has been made against the Covid-19 virus. Frankly, some of it seem ghoulish to me, and more like the plot for a Hollywood movie. I suppose today’s journalists and media imagine that this is what their audience wants to read and see. But in…

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It is Monday morning, the start of the 4th week since the world turned upside down. Stocks are down 2%-3% after yo-yoing up and down overnight. The issue today, so it is said, is the partisan bickering about the stimulus bill. Either it will be resolved in 24 hours or there will be drama and angst.…

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Summary Even on a relative basis, Slack’s latest earnings report was poorly received. In fact, results were quite strong for the quarter being reported, with revenues, earnings and cash flow well above prior expectations. The company reduced guidance because of the likely impact of the economic turmoil the Covid-19 virus is creating. The company has…

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There is an old saying-some times the bear bites you, sometimes you bite the bear. I do not exactly know who got bitten the most, today, in that the article I provided for subscribers, got published by SA shortly after Slack shares spiked 15%. I have made very clear that  have no particular informational advantage…

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Summary Slack is one of the leading vendors in the space that facilitates collaboration, particularly within the developer community. The company has developed a reputation amongst developers of offering cutting edge features that vastly improve their work experience. The company’s offering of shared channels, which essentially extends the offering outside the bounds of an individual…

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As we foreshadowed in our earnings brief earlier this week, we have reduced our holding in Twilio by half. This means its weighting in the portfolio goes to about 6%. The reasons for our sale were outlined in the prior note-basically our conviction level has been lessened by the guidance provided which calls for sharp…

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