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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (30095)	8/16/2006 9:54:52 PM
From: Lizzie Tudor	Read Replies (1) of 57684

CRM reported what is being considered a blowout tonight with raised guidance. Between this and HP, which was also way up AH we should have a great day tomorrow. On CRM there is a secondary catalyst of the CFO deciding to stay, which to me means he sees too much potential in this business to leave. But this kind of decision is hard to gauge so the street might be overreacting. Salesforce.com slips to slight loss Firm boosts yearly forecast as revenue soars 64%, sending shares rallying marketwatch.com I will say though, that I don't see much traction in infrastructure spending OF ANY KIND for traditional IT, and prefer the consumer names or networking like Bob's stocks.

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