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Even SaaS Stocks Are Still Sinking

Posted on July 07, 2008

Some pundits said software as a service (SaaS) was a recession-proof industry. Boy were those experts wrong, according to the MSPmentor's SaaS 20 Stock Index.Like the broader Dow Jones Industrial Average, the SaaS 20 Stock Index is now in bear market territory, down 19.63 percent so far in 2008....

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