My company is implementing a Customer Relationship Management (CRM) system from Salesforce.com. Salesforce is the leading hosted solution - maybe in the world - competing against the likes of Oracle and SAP in this space.
I like the system and investors should know what they invest in so I did a touch of research and found Salesforce.com has a PE ratio of 106. That's 1 ... 0 ... 6. Wow!
I'm going to have to do some serious research here. I haven't heard of a PE ratio like that since the early Amazon days. I wonder if it might be a candidate for short selling?
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