Jive Software Drops Below Post-IPO Low As Enterprise Takes A Second Look At Private Social Networks

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http://techcrunch.com – Jive Software is hovering below its post-IPO low after an investment bank lowered its rating on the company, citing research that shows enterprise companies are taking a cautious view of private social networks that we see from Salesforce.com, Yammer and a host of other competitors. BMO Capital Markets said the market potential for social business software is large and they believe Jive has the best product, but there is a cold reality that market enthusiasm is waning to some degree. Here’s what they said in a statement today: …However, our checks this week suggest that the market (IT news)