Eat your heart out LE! SFDC blows past $10bn and past oracle. SFDC has more in real cloud revenues than oracle can manufacture in fake cloud revenues. You're a loser LE!
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The vast majority of analysts are only interested in capturing banking business. They rarely ask critical questions and their reports are garbage. I would love to see an analyst put a "sell" rating on Oracle because, at this point, the Company appears to be over valued!!!!
She's a total idiot
KeyBanc analyst Monika Garg reiterated a Buy rating on Oracle Corp (NYSE: ORCL) yesterday and set a price target of $61. The company’s shares closed yesterday at $50.44, close to its 52-week high of $51.85.
Garg observed:
We focused on Oracle’s cloud transition, and how moving to the cloud can generate 3x the revenue per customer, as well as Oracle’s opportunity in the SaaS market. Oracle’s opportunity in cloud and SaaS, and valuation, have been the main area of investor push-back since our upgrade. As Oracle continues to execute on its cloud transition, we believe multiple expansion can continue. Key Investment Points Oracle on average could see 3x the revenue from a customer who moves its workload from on-premise to the cloud. Transitions at Autodesk and Adobe, showed lifetime customer value driven from the cloud is much higher than from on-premise. As Oracle moves its customers to the cloud, it should gain a similar benefit. For the customer, migrating to the cloud can lead to significant overall cost savings, based on labor and hardware costs needed to manage on-premise solutions.
SFDC's president who was at oracle for a longboard time and did a great job, until he got under MH's skin calling him useless
What is KB? Please provide link! LOL
Google KB's comment on CRM vs ERP - priceless dagger in LE's heart