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: Chuzzlewit who wrote (7699)	3/30/2000 5:11:00 PM
From: Mike Buckley	Read Replies (2) of 9068

There was no rhyme or reason for the stock to run from around $25 to well over $100 other than it caught the fancy of some Wall Street touts, and when these same touts bale because of a whiff of negative news (in this case, a rumor of a back-end loaded quarter) the stock is likely to trade down below its fundamental value I always like it when Chuzzlewit, valuation guy extraordinaire, shows up. I agree with his statement in general and I agree with it with specific regard to Citrix. I haven't run any numbers, but my guess is that at best Citrix is now at fair value and probably not particularly undervalued. --Mike Buckley

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