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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Cogito who wrote (8929)1/24/2002 4:03:55 PM
From: Sweet Ol  Read Replies (1) of 9068
 
I think Pro-Forma is dead. If you can't make a GAAP profit it is not a profit and ENE has taught a lot of people the difference. "Extraordinary" items that occur qtr after qtr and year after year are not extraordinary, they are the normal course of business. I hope this pro-forma BS is coming to an end. It has been interesting that companies who report only GAAP have been treated nicer by Mr. Market than the ones who highlight pro-forma and bury the GAAP figures down in the report.

Best to all,

JRH
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