NEW YORK ( TheStreet) -- "Shares of Salesforce.com.com (CRM - Get Report) are just too expensive. With rivals such as Oracle (ORCL - Get Report), Microsoft (MSFT - Get Report) and SAP (SAP - Get Report) trying to put the company out of business, it's hard to see how Salesforce.com can ever grow into its enormous valuation. Not only does the company lack operating leverage, it also has no profits."For years, this has been a popular bear argument against Salesforce.com -- except the company has not cared to listen. Instead, each quarter, Salesforce.com has taken the "us against the world" approach by seeking to prove doubters wrong with its eye-opening growth performances.
Salesforce.com: Great Growth, Now 'Show Me the Money'
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