The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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From: Doren	2/24/2014 2:33:30 PM
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CRM has been around (IPO?) since 2004 and still is not profitable according to Yahoo. 9-10 years Salesforce has been around since 2008 and still is not profitable. 6 years. Sort of a testament to Larry Ellison's viciousness. Oracle's P/E is 16. Hardly stellar. Still... none of them rivals Amazon which has been around since 1994 and is arguably still profitless. With the Nasdaq hitting 14 year highs today, one wonders if there is another internet bubble brewing. Not imminently but coming down the line. Reminds me of the words of Capt. Aubrey in Master and Commander: "Its a modern world we live in."

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