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  • Warren

    May 14, 2020 at 2:39 pm

    The market perhaps is speculating that Slack’s recent outage is an indicator increasing demand for Slack, capacity issues etc. The CEO also expressed confidence on recent WFM growth on his interview on CNBC 2 weeks ago (stock is up 20% since then). There are many companies that pay for Office 365 and Slack, because they either have a “preference” or can afford both.

    Their earnings 6/4 will be very important, as it shows whether COVID-19 is really driving demand for the product. Their guidance is $185-188MM for next quarter, and I think people are expecting a large beat. I’m bearish though… Bear