Checks indicate continued strong demand for core Salesforce.com (NYSE:

), “with newer products creating strong upsell opportunities (Service, Chatter, Force.com),” Morgan Stanley reports. “We model YoY billings growth of 32% in Q1 and 26% in FY11, which is likely low if current trends continue,” Morgan Stanley writes. “CRM rev. could conceivably double over the next three years if they execute.” Salesforce.com closed Monday at $136.19.