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					Robert DeFrancesco’s
May 17, 2013

Tableau (DATA) Shares Jump 63% from IPO Price
NOW AVAILABLE: The May 2013 issue of Tech-Stock Prospector for your Amazon
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Here are some of the topics covered in the May 2013 issue:

*Cloud software shines in Q1 earnings season
*NetSuite shows why it’s a cloud leader
*ServiceNow expanding its addressable market
*Proofpoint raises guidance on key security wins
*SPS Commerce builds its customer base
*Sourcefire raging in networking security
*Adobe Systems gets traction in the cloud
*A valuation reset for Citrix Systems
*Yahoo focuses on content & mobile
*Fusion-IO diversifies its customer portfolio
*LinkedIn disrupts enterprise recruiting
*New growth drivers at Microsoft
*Apple readies its next product cycle
*Akamai sees growth in cloud infrastructure
*Riverbed Technology tries to find footing
*A new capital allocation strategy at Harmonic
*Deal Report: Marketo IPO overview

Order the May 2013 issue of TSP here:


Tableau Software (DATA, $50.75), a provider of enterprise analytics solutions, last
night priced its IPO at $31 a share (above the expected range of $28 to $30) and this
morning the stock opened for trading at $47.

Tableau’s BI solutions allow customers to see and understand data. Last year,
Tableau’s revenue rose 104% after advancing 82% in 2011.

The shares, which traded to a first-day high of $52.15, closed the session up 63.7%
from the IPO price.
With 57.5 million shares outstanding after the offering, Tableau has a market cap of
$2.91 billion. The stock trades at 22.7 times 2012 revenue of $127.7 million.

Shares of slower-growing competitor Qlik Technologies (QLIK, $30.68) today
traded to a new 52-week high of $30.78. Qlik has a market cap of $2.67 billion, 6.8
times 2012 revenue of $388.5 million. Qlik’s 2013 consensus revenue estimate of
$477.9 million indicates expected growth of 23%.


Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
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Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street., launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
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