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Updated from Nov. 16
Salesforce.com(CRM Quote) grew its top line by a torrid 78% during the third quarter, but margins and the bottom line won't grow very fast in the near future, as the on-demand software vendor continues to spend heavily to win market share.
"We're in a market share war," says CEO Marc Benioff. "We need to invest and invest heavily," he said in an interview after his company's earnings announcement.
That strategy appears to be just fine with Wall Street; in recent trading shares of the upstart, on-demand software vendor were up $1.66, or 6%, to $28.59. ...
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