On: SaaS stocks down 50% in 2008, but promising long-term prospects

[gaika]

The fall in the shares in these companies has nothing to do with their business.

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: http://whomovedmystock.com/CRM (disclaimer: this is my startup)

[zandorg → gaika]

Nice site, pretty graphics and useful looking.