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

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To: MikeM54321 who wrote (6814)7/23/1999 1:23:00 PM
From: Mitch Vine  Read Replies (1) of 9068
 
MikeM and All

What I heard in the conference call was that breakdown in 2Q99 as as you said. MetaFrame was 42% and Options were 40% (Total 82% of $94.4 = $ 78 million). BUT in 1Q99 Metaframe was 46%, Options was 30% (Total 76% of $85.5 Million = $ 65 million ).

You have to look at the total of MetaFrame plus options to get a feel for the total MetaFrame business. MetaFrame covers the base licenses but Options covers the additional "bump" packs for more users plus additional optional features.

The way I see it, the total Metaframe business grew from $ 65 million to $ 78 million sequentially which is about a 20% growth rate in the core business in one quarter. Anyone care to comment on my analysis?
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