Financial News Discussion of CRM - Salesforce.com Inc on Mad Money

Financial News for Salesforce.com Inc (CRM)

CRM 2/9/2010 3:44PM 52 Week Price Range Market Capitalization Dividend Yield Recent Dividend
$64.82 $27.03 — $75.53 $7.8 Billion n/a n/a

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Salesforce.com Inc was discussed on Mad Money which was originally produced by CNBC on 10/5/2009
Mad Money discussed Salesforce.com Inc on 10/5/09. Jim Cramer, who highlights news and stocks each day at 6:00 PM, mentioned Salesforce.com Inc on the program. The mention with surrounding context is displayed below.

Salesforce.com Inc is in the news. Find out how this impacts CRM trading on Ockham Research.

Companies, no one can touch them. For lack of a better word, they are simply bankable. Guys who have made us a lot of money in the past, who we'd be fools not to pay attention to when it comes to the future. Mark benioff, ceo of SALESFORCE.COM, crm for all you home gamers, and perhaps the most bankable ceo I ever have on the show. SALESFORCE, which pioneered the software as a service business, where companies subscribe to get their enterprise software over the internet, new model-s a turbo-charged tech stock that still I believe has plenty of juice. The last time we interviewed mark was on august 20th, after SALESFORCE.COM had reported a truly blowout guide-up quarter. The stock was at 46.18. It's up 22% since then. That's what bankable means. I call that an incredible run. Especially when you consider a lot of tech stocks ran out of octane during that period. And I think SALESFORCE has a terrific future ahead. I think we're in the early thanks to some of its new the company started a new platform called force.Com that helps its business customers take advantage of cloud stay tuned. You'll find out what that really it's a huge new market that and delivery of applications that run completely on the internet, through outsourced network equipment. This saves customers time, saves them money. The platform gets applications delivered to their users faster. And where's the money made? SALESFORCE customers don't have expensive servers of their own. This new force.Com platform will also be designed to work on all other cloud computing servers -- providers. Like amazon, google, allowing the company's customers to build their own business applications trust me, this saves a fortune. They're using only software delivered over the internet. Basically, if you're a business that wants to design an application that works on google's cloud computing network, you subscribe to SALESFORCE.COM's platform and they give you all the tools you

“l you home gamers, and perhaps the most bankable ceo I ever have on the show. SALESFORCE, which pioneered the software as a service business, where companies subscribe to get their enterprise software over the internet, new model-s a turbo-charged tech stock that still I believe has plenty of juice. The last time we interviewed mark was on august 20th, after SALESFORCE.COM had reported a truly blowout guide-up quarter. The stock was at 46.18. It's up 22% since then. That's what bankable means. I call that an incredible run. Especially when you consider a lot of tech stocks ran out of octane during that period. And I think SALESFORCE has a terrific future ahead. I think we're in the early thanks to some of its new the company started a new platform called force.Com that helps its business customers take advantage of cloud stay tuned. You'll find out what that really it's a huge new market that and delivery of applications that run completely on the internet, through outsourced network equipment. This saves customers time, saves them money. The platform gets applications delivered to their users faster. And where's the money made? SALESFORCE customers don't have expensive servers of their own. This new force.Com platform will also be designed to work on all other cloud computing servers -- providers. Like amazon, google, allowing the company's customers to build their own business applications trust me, this saves a fortune. They're using only software delivered over the internet. Basically, if you're a business that wants to design an application that works on google's cloud computing network, you subscribe to SALESFORCE.COM's platform and they give you all the tools you ” Mad Money Oct 5, 2009 6:17 PM
Since it's appearance on Mad Money:
  • Since being discussed on Mad Money, CRM's stock price has risen by $7.62.
  • In addition to information about Salesforce.com Inc, 25 other stocks were also mentioned. The full recap of all the stocks talked about on Mad Money are also available.
  • You can visit the Mad Money recap page for the full RazorWire including 6 more slices of stories about Salesforce.com Inc.
  • Besides Salesforce.com Inc's mention on Mad Money it's also been discussed 14 times on various other business shows since then. You can also catch up on All financial news for Salesforce.com Inc.