Tuesday, February 2, 2010
Salesforce Again
In August, I commented on the high P/E ratio of Salesforce.com (Symbol CRM). It was $50.50 with a P/E of 104.5. Now, even after a recent decline of over $74 a share, it's down to $64.99 (or up from $50.50, if you will) with a current P/E of 110. I'm keeping an eye on this one and wishing I'd put some money into it in August.
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