There is a significant disconnect between market sentiment and the underlying reality of the software (IGV), (IGPT), (XSW) ...

Over the past week, I have been watching the earnings reports from big tech, as I do regularly as background for this column. Major software companies have been beating expectations. Revenues are up.

For decades, it seemed like the sky was the limit for Salesforce (CRM), the cloud-based enterprise software and customer ...