Citrix Systems (CTXS) Message Board

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Technology Stocks : Citrix Systems (CTXS)

CTXS 103.90

0.0%

Nov 2 5:00 PM EST

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To: rtalley55 who wrote (6780)	7/19/1999 5:17:00 PM
From: dreydoc	Read Replies (2) of 9068

Let's see, increasing margins, enviable earnings growth and still Mr. I struggles to explain why and what they do. I work in this industry and I have to read this twice to understand what he's saying here... If she's worth $100, this may be why the price is not. >>Commenting on further market developments, Edward Iacobucci, Citrix's chairman and chief technical officer said, "Computing complexity has continued to grow as corporations focus on delivering more sophisticated applications to their users. This has been exacerbated by new challenges for the information technology (IT) organization predicated by trends in today's business environment which have been created by globalization, consolidation and the Internet. Today's IT organization must balance these issues in conjunction with managing the demands of their expanding user population which may potentially include suppliers and customers as members of their extended enterprise. Server-based computing addresses these issues by providing the independence and flexibility to extend the reach of applications to users around the globe both within and outside of the company while simultaneously reducing the cost and complexity of computing." << In conclusion, Templeton noted, "Looking ahead, we plan to continue our focused effort at creating an application delivery and management platform targeted at extending any application to anyone, anywhere while simultaneously accelerating the time to impact of our customer's information technology investments."

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