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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: dstange who wrote (8341)	6/12/2000 2:53:00 PM
From: Innuit	Read Replies (3) of 9068

"What's done cannot be undone" --From Macbeth ACT V. SCENE I. Yes there has been a tremendous loss of credibility here. Same thing happened with Larry Ellison a few years ago when he stopped "running" Oracle and decided that yachting was more important (and he almost drowned!). He refocussed, ORCL has refocussed and things have recovered for the company. Other companies have been severely punished for stuff like this and recovered or are recovering: HP (when their earnings decreased about a year ago); Nortel about 2 years ago when they bought some company for a huge amount; Lucent when they warned a few months back . . . Where does CTXS go from here? To answer we need to answer the following: What is the "damage" actually inflicted on the company? Is the damage long term? When will it be fixed? Can the guys running CTXS now do the fixing? What is in the product pipeline that is exciting that will reignite interest in CTXS? There were a very large number of very negative comments on this thread about management 3 years ago when the stock tanked. There were many complaints about no communications from management while MSFT guys (eg Allchin I believe) where basically talking about the impending death of CTXS. Meanwhile Ed et al (wasn't Greg Maffei CFO then?) worked behind the scenes resurrected the company and the stock. Maybe the same thing is going on right now. Hopefully the people on this thread can focus on the future. However painful this last three days has been. I must say. This is the classiest thread on the Internet. MANY people on this thread have lost a great deal of assets in past 3 days. The discussions have been civilized and informative and supportive of some of of members. We all need a vacation right now.

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