That is a great way to put it. You sold me with your two posts as you had some very good points. Scott mentioned that cloud companies like this can have a market cap of 7 times their sales which means they only need to hit around $470 million in revenue to make it worth 3.3 billion or $100 per share. Is this accurate in your opinion?
Great post per usual Pete... I have said for awhile now that 20B is the floor of any serious offer... and after today's update... I am thinking that may be conservative... awhile back a blogger suggested ANY could be purchased for maybe 1 or 2 billion... that would appear to be an absolute joke... "we don't make the products you use, we just make the products you use better"... that tagline belongs to a company that closed today's action with a market cap north of 70B... call me crazy... you wouldn't be the first :-)
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