3 million people recently had installed zoom app. this app may bypass browser security anytime with update. Sir Cramer even if we don't use Zoom for banking, but banking data compromised for even one customer may result in online bank run. anyhow plz just Uninstall zoom if not short it. Also Zoom had changed its statement on reported Daily Active Users..
Price prediction less than $360 in 6 months.
Current PE of 60 is more than MSFT's 35 or SAP's 30
Adobe is leader in creative professional market but revenues are decreasing from 2018. Even in past adobe had grown because of few good acquisitions like Omniture etc. PDF's Acrobat DC is still leader but....
Footnote: My price prediction is prediction. Don't check...
PE 1000+ 57B of market cap with sales of less than 1 billion..
It's already off-limits to defense department as zoom has 700+ engineers in china. American workers may look asset now in stock market
COUPA vs Amazon's push in procurement management for business will be tough.
There is already existing competition with Ariba, Concur, SAP, Oracle and other procurement softwares.
With Workday's purchase of Scout RFP for $500+ million in 2019, it's only a matter of time when companies with new technologies will eat into COUPA sales revenue.
Also COUPA sales...
