View: Why I Will Eventually Be Right On Salesforce - Seeking Alpha

Why Salesforce is overpriced at $138 a share: 

Valuation: 

Salesforce is selling at the top of its valuation range based on P/E, P/B and P/CF. 
CRM is selling at almost 70 times forward earnings and almost 8 times revenues. 
Consensus earnings estimates for both FY2012 ($1.49 vs. $1.63) and FY2013 ($1.99 vs. $2.09) have come down substantially. 
It has one of largest five year projected PEG's (6.19) of any large cap growth company I am aware of.