Ironically, one of the hottest technology trends — software as a service (SaaS) — has been burning investors on Wall Street. As a group, SaaS stocks are down 30 percent year to date, a far worse showing than the DOW (down about 9.74 percent) and the Nasdaq composite index (down almost 18 percent), according to SeekingAlpha.com.
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Software as a Service Stocks: What Went Wrong?
Posted March 20th, 2008 by Joe Panettieri
