The fall in the shares in these companies has nothing to do with their business.<p>The overall market is down more than 30%, and technology companies are a lot more sensitive to the market direction than others. This is how Salesforce looks adjusted for market trends: <a href="http://whomovedmystock.com/CRM" rel="nofollow">http://whomovedmystock.com/CRM</a> (disclaimer: this is my startup)
In a somewhat unrelated note, has anyone seen Salesforce.com's (NYSE:CRM) P/E ratio? <a href="http://finance.google.com/finance?q=CRM" rel="nofollow">http://finance.google.com/finance?q=CRM</a><p>P/E 98.02 and Forward P/E 319.20.
>Part of NetSuite’s problem is timing. The company launched its IPO in December 2007, a few months before Wall Street headed into its downward spiral.<p>For the founders and VCs that was excellent IPO timing. IPO investors may think otherwise.