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

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To: David Montgomery who wrote (7640)3/9/2000 10:04:00 PM
From: David Perfette  Read Replies (1) of 9068
 
Re: 25% growth rate. Citrix's eps growth rate was 58% last year and has been experiencing about a 11% sequential quarterly growth rate. As I recall revenue growth has been even stronger. Other then slightly cutting eps for this year from some analysts, due to increased R&D and marketing, I have not seen any analyst report or any other source for that matter, indicating a particular cause or threat to effectively and dramatically reduce ctxs's growth rate. Despite a First Call consensus expected growth of about 25% this year, long term is expected to be about 45%. Why the 25% for just this year, I don't know. I've tried many sources for an explanation including calling Citrix and H&Q amongst other things. Citrix had no explanation, said to call the analysts. H&Q never got back to me. So unless someone can show me evidence of some extraneous threat, something other then those effecting their current business environment I see no reason expect a material change in growth.

-David P.
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