I'm Jim Kramer and you're about to hear a sample taken directly from today's

CBC Investing Club morning meeting.

All right, so let's talk about this deal.

Salesforce deal.

Mark Benioff texted me during squawk on the street saying, listen, you know, here's

some of the goodness here. I know that

Salesforce, it feels a lot to me like when Cisco bought Splunk. People were skeptical a little

bit, but then they realized maybe this is a gem that can help them sell product. And that's

what I think it is. I think it's a bold one where they do a lot of

cybersecurity, informatic of they have been a sleuth. I know them as a sleuth. You bring them in

and they have a reputation for me able to find out what you did wrong or the holes that you

have. And that's something that you need if you're a bank, which is where

Mark really wants to make his input, a retailer.

Big.

Yeah.

They're paying $8 billion for it in cash, so not a stock deal where you have to worry about

shareholder dilution.

$8 billion, much lower valuation than where Informatica was last year.

Right, where he also saw reports, but they balked on deal price.

He loved it, but he knew it was too high.

Now, I will point out that I've met the team at the behest mark, and I did find them quite intelligent about how to spot fraud.

Okay.

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