SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Buckley who wrote (8027)5/9/2000 6:10:00 PM
From: dreydoc  Read Replies (1) of 9068
 
Mike:

This excerpt (posted on yahoo) might help explain. I believe the 1999 line is a misprint and should read 15 million total users. The 4:1 ratio is what gives you the acceleration factor on users to revenue.

Excerpt from Prudential Analyst Report on CTXS dated May 4, 2000:

CTXS: Six Million Concurrent Users;
Today Citrix announced that the Company has sold
six million seats since launching the Independent
Computing Architecture (ICA) in 1995. Citrix gets
paid for concurrent seats supported by Citrix
servers. The Company estimates that each seat
license now supports four end users.

The following tables detail the strong growth
of ICA total end users and concurrent seats
sold. Clearly, growth remains strong and we
believe that, as computing becomes a utility
through wireless applications and ASPs, these
numbers could reach into the hundreds of
millions.

Year Concurrent seats sold: Total end users:
1997 300 thousand 1.17 million
1998 2 million 8 million
1999 3.5 million 5 million
2000 6 million 24 million

Source: Citrix Systems, Inc.

We believe that Citrix has established itself
as the leader serving traditional client/server
applications from servers alone. We believe that
Citrix's ongoing investments position the Company
for strong growth in coming quarters and that
investors should buy shares of Citrix at current
levels. Citrix shares are rated ACCUMULATE and we
maintain our $130 price target.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News