they chose to parry the OTR report by reissuing their May 30 report last evening
Saul,
Thanks for pointing out to the board that M* reissued their May 30 report last evening. It is good to know that their reissued report suggests ZS is close to “fair value” whatever that means. Obviously they did not write this report to counter the OTR report, as you noted in your original post, and your response, and which you never remotely suggested was the case.
Although they are tied to their notion of fair value, M* has definitely issued favorable reports on many of our stocks, in particular TWLO and NOW, and I guess ZS too. They really beat the drum on NOW, and also GWRE for quite a while. They feel TWLO has the potential to become a “cloud titan”. Again, thanks for pointing out to the board that M* chose to parry the OTR report by reissuing their May 30 report last evening. We appreciate what you do for the board.
Guy