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Salesforce.com: It's All About the Guidance |
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| Aug 20, 2008 08:20 AM UTC |
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Tracked Blogger
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Via Short Stock Ideas from Seeking Alpha:
Salesforce.com, Inc. (CRM) reports earnings Wednesday after the market closes. At this point, the consensus expectations are for revenues of $260 million and earnings of 8 cents per share. But regardless of what the company reports for the second quarter, investors of all kinds will be paying much more attention to what type of guidance is given by management. In the current environment where fears of an economic slowdown prevail, it is much less important to understand what has happened in previous quarters, and much more important to gain a clearer understanding of what forces will drive future performance. 
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