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May 19, 2004

Benioff: Stop, or I'll Talk Again!

Salesforce.com CEO Marc Benioff is trying unsuccessfully to stay quiet through an entire I.P.O. quiet period. The N.Y. Times reports today that the chatterbox company founder is in trouble for talking to that paper on May 9th. He spoke to a Times reporter, saying that "the S.E.C. prohibits me from making any statements that would hype my I.P.O." -- and then he went on to talk about the software business and his competitors.

Most people think that Benioff would vibrate wildly and then burst into flames if he ever had to stop talking about his company for more than an hour at a time. Doesn't the SEC see it? Far from hyping his company, Benioff is actually saving his own life.

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