$CrowdStrike (CRWD.US)$ How come just one bad incidence can ...
$CrowdStrike (CRWD.US)$ How come just one bad incidence can make company go from a great company to a loser company? It is still a good company with great fundamentals. Be greedy when others are fearful: Buffett. Hit like if you agree. I am doing DCA.
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OceansWave : This bad incident is a super major incident… imagine major banks, airlines, airports and cloud services all down… with this outage, don’t know how much service credits that Crowdstrike have to give to all these affected parties.. it would end up Crowdstrike providing free services for a few months, which equates to how much revenue lost….
But still wait for the right timing before entering.. it is a good buy.. wait for the right moment since the bottom has not been hit yet…
kimilalo : how badly is the penalty gonna hurt the revenue for 2024? failing the SLA totally.
102496198 OP : It is still a great company and best amongst it peers.
smoothshoe : it's a crowded and competitive space, and when you are on the leading edge, you can't afford avoidable mistakes
151418726 : A good company will have process management to make sure this doesn't happen
102496198 OP 151418726 : They will make sure it does not happen again. I am sure they will take action.
151418726 102496198 OP : this shouldn’t happen in a huge tech company in the first place there shouldn’t been a/b testing, change management, deployment plans. Trust me, I work in tech