This is a battle in the on demand software sector that is going to get bloody. CRM is Salesforce.com and an industry standard among Customer Relation Management software.
Netsuite sweetens the offering by tying ecomerce and some other bells and whistles.
They have been getting bashed since their IPO. My prediction is that Netsuite is going to offer some sweet deal to customer's of Salesforce.com to get them to switch.
This is going to affect both stock prices. Netsuite might receive a short term gain but this stock is not worth playing with.
The goldmine is shorting CRM. This stock will be affected and might fall to $25 a share.
If this scenerio does not play out then the FreeCRMs are coming (i.e. SugarCRM an ipo later this year).
With the economy doing bad and in a recession and the field getting more crowded for CRM , I would say short this puppy now.
If you don't believe me check out SugarCRM.com's website. And look at the cost comparison between SugarCRM and Salesforce.com
Tuesday, January 15, 2008
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