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Investors in Slack Technologies (WORK) just got the slap of reality that fast growth isn't always enough when a company trades at very expensive valuation multiples. The premier collaboration tool for enterprises remains a strong tech company for the future of corporate communication, but ultimately the stock price always matters. My investment thesis is bullish on the stock once Slack dips back into the low $20s.
Image Source: Slack website
Short-Term Blips
During FQ2, Slack apparently ran into some headwinds as customers adopting their collaboration tools were offset by customers cutting employee