Mark Sichel

SaaS stocks shooting upwards

Escrito 24 Apr 09
$CRM hits 40! I may be able to sell those options after all. $N with nice 6% gain today as well, go SaaS!!



Kaloxa CMO en Finect. Periodista financiero. Me encantan las finanzas del comportamiento

26 Apr 09
Hy Mark, could you explain in plain English what SaaS is about? Maybe a
lot of people don´t know about it
27 Apr 09
Good idea Kaloxa. SaaS stands for Software-as-a-Service which is
commonly referred to as Could Computing these days. Unience is an
example of a SaaS model as there is no installation or setup necessary
on the users end. They simply connect to Unience via the internet and
use our service when they want, just like any utility i.e. gas,
electric..etc. Unience handles all the maintenance and upgrades so the
users can just concentrate on their portfolios instead of being IT
administrators. and NetSuite were pioneers in this
industry and as we can see from their favorable valuations, Wall Street
is very fond of this model. Watch out for these companies in the future.
Ticker symbols CRM and N on the NYSE.