We believe Salesforce.com had a strong finish to their fiscal 2006, driven by robust subscriber additions in both small- and medium-sized business and enterprise customer segments.
More Quotes from Brent Thill:
The company beat our revenue expectation by 33 million, which is a huge upside surprise. All the financial metrics were extremely solid. Their balance sheet was spotless, and deferred revenue rose to 84.6 million from 46.7 million in the previous quarter, which shows that their backlog continues to strengthen.Brent Thill
We forecast strong spending on software applications in calendar year 2001. But the priority stack has shifted towards supply chainB2B collaboration and select areas of CRMcontent management. We believe the heavy damage is already done. While we can't call the absolute bottom, we believe we are nearing the trough.
Brent Thill
Regardless of the outcome, we still believe Oracle's current financial health remains intact. We do not believe there are hidden accounting issues.
Brent Thill
While losing a talented individual like Evans is not good news, we believe his departure will not have an impact on financial results and is not a leading indicator of additional departures.
Brent Thill
Management has failed to give a consistent reason for his absence.
Brent Thill
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