|Company name||salesforce.com, inc.|
|Live stock price||[stckqut]CRM[/stckqut]|
|Confident Investor Rating||Poor|
The following company description is from Google Finance: http://www.google.com/finance?q=crm
Salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. The Company provides a customer and collaboration relationship management (CRM), applications through the Internet or cloud. Cloud computing refers to the use of Internet-based computing, storage and connectivity technology to deliver a variety of different services. The Company delivers its service through Internet browsers and mobile devices. It markets its social enterprise applications and platforms to businesses on a subscription basis, primarily through its direct sales efforts and indirectly through partners. In January 2011, it acquired Heroku, Inc. and DimDim, Inc. In May 2011, the Company acquired Radian6 Technologies Inc. In September 2011, the Company acquired Assistly. In August 2012, the Company acquired Buddy Media.
Confident Investor comments: I am removing Salesforce from my Watch List. They were not profitable in their last earnings period.At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.