ZOOM (ZM) Short

ZOOM (ZM) has had a huge run up in 2020 after the Coronavirus began to force workers across the world to work from home (virtual work if possible).

I have heard from many individuals that they enjoy using the platform, but:

1. News is coming out about privacy concerns.
2. NYC Education Department (estimated 1M students) has banned its use.
3. FBI Zoombombings
4. Tesla and SpaceX have banned its use.
5. Google and Microsoft improving their own platforms adding to the competition.
6. Three state attorney generals said they will be probing the company for potential privacy violations.

ZM Financial Evaluation:

1. Way over priced P/E 1,250.
2. Debt doesn't look like an issue.
3. Small operating profit noted last year.