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News from May, 2006

DUMB LUCK INVESTOR: The Salesforce.com Sales Pitch

Wednesday, May 31st, 2006

Optionetics.com – Pete Henig

Throw a dart these days and chances are you’ll hit a company using Salesforce.com (CRM).  I see it all the time.  Businesses are plugging in all sorts of data into their Salesforce.com systems.  Startups are aiming for Salesforce.com-like growth.  Even new software offerings are claiming that ‘it works seamlessly with your Salesforce.com system.’  It’s as if Oracle (ORCL), SAP (SAP), and others in the enterprise software business don’t exist.  (Or at least that’s the impression within small to medium-sized enterprises).

Salesforce.com, which offers customer information management services online as an alternative to buying software, has made a huge splash in the market over the past two years, and to hear the company’s Chairman and Chief Executive Marc Benioff describe it, the best is yet to come.  But is it? (Full Article)