Salesforce.com stock to jump May 22nd?

May 12, 2008

Based on all the attention NYSE:CRM has been getting of late, and how the share price has reacted to positive news and rumorsĀ of the past, we’ll likely see a jump in shares of Salesforce.com at market open on May 22nd.

So what’s so important about the 22nd? It’s the first day after Salesforce releases its q1 financial results.

From the official release:

Salesforce.com announced that its first quarter and fiscal 2009 results will be released on Wednesday, May 21, 2008, after the close of the market. The company will host a conference call at 2:00 PM (PT) / 5:00 PM (ET) to discuss the financial results with the investment community. A live web broadcast of the event will be available on the salesforce.com Investor Relations website at http://www.salesforce.com/investor. A live dial-in is available domestically at 866-901-SFDC or 866-901-7332 and internationally at 706-902-1764. A replay will be available at (800) 642-1687 or (706) 645-9291, passcode 46678383, until midnight (ET) June 13, 2008.

Comments

One Response to “Salesforce.com stock to jump May 22nd?”

  1. Salesforce.com prediction rings true: stock up on Q1 financial report | Salesforce Times on May 22nd, 2008 8:13 am

    […] May the 12th, the day Salesforce.com announced when it would release its Q1 financial results, I predicted the stock would take a jump based on the company’s positive momentum and the media attention it’s been receiving of […]

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