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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 (6825)7/23/1999 2:07:00 PM
From: Mitch Vine  Read Replies (1) of 9068
 
Mike
I listened to the the question about the 85% twice, and I like the CTXS people, gave up on what the questioner was getting at. I found the CC very bullish, and I don't understand the sell-off that has been going on. I think a lot of people think the Metaframe business is flat because of the way the numbers were presented, when it seems that if you add Metaframe and options together you get very strong 20% sequential growth in the core business. The old Winframe business has now dropped off almost to zero so that it can't drag down the overall business anymore. It also sounded like the early adopters of Metaframe are now into wider roll-outs which means more Options. Options alone grew by 50% on a sequential basis. Sorry to sound like I am hyping, I am just trying to understand why the stock has taken a hit since the announcement. If anyone else wants to listen to the conference call - here it is: videonewswire.com
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