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

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To: Mike Buckley who wrote (7720)3/31/2000 10:30:00 AM
From: Dinesh  Read Replies (1) of 9068
 
Mike

I suppose you could make the same statement of all hi-tech
stocks, Nasdaq or not. I don't know if you meant to single
out CTXS for more restrictive valuation criteria.

AFAIK it has the dominating product in a rising market and
merits a premium valuation for its premium position.
THere will always be interested parties in jawing it down
(just as I am long and want to see it up) and sometimes
they are pretty influential ones.

I will also take exception to annualizing the 2000 run rate.
Or else I couldn't find fault with the CNBC analyst who
said, during the first week of Jan, that QCOM may have been
good for investors in 1999 but 'what has it done for the
investors this year!'. Also, Malthus has been dead long time
now.

Regards
Dinesh
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