I exited CRM for the reasons I described in my Brief Reviews and my Portfolio at the end of September. Briefly, poor quarterly results, losing a very large client to MSFT, and management chasing LinkedIn and Twitter.
Well Bert had been a big advocate of CRM, and had disclosed he was long CRM, but in his latest write-up, he said he had no position in any stock mentioned, so he has exited too. He also seemed to think CRM was losing focus and off in the wrong direction.
Saul
Who is this “Bert” you keep referring to?
Bert Hochfeld. Writes articles for Seeking Alpha. Here is his one for Salesforce:
http://seekingalpha.com/article/4009891-salesforce-com-sun-g…
Maybe Bert reads this board, and you and he are following each others moves!
Conspiracy! Bert IS Saul! Finkle is Einhorn!
Who is this “Bert” you keep referring to?
Hi GD,
Bert Hochfeld writes a deep dive on a different tech company every day. They are usually balanced articles and are always very informative. They are never pump jobs or short articles slandering the company. Very useful, but just remember they are just one man’s opinion.
Here’s a list:
http://seekingalpha.com/author/bert-hochfeld/articles#regula…
Saul