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: Redman who wrote (8542)	6/23/2000 2:48:00 PM
From: Innuit	Read Replies (1) of 9068

I think all the bad news is out and today's news is not so bad for the future. . . . I think. There was clearly a management problem because someone took their eye off the ball. CTXS should have announced caution about immediate future earnings either at the shareholder meeting or when the last earnings were announced. That is now water under the bridge and where does the company go from here? The immediate earnings will be down, but that is built into the price. Probably the initial response was excessive and based on understandable anger. Investors and analysts clamored for changes at the top. That has led to today's drop. What are the thoughts about the new management team? The real issue right now is the long term prospect for CTXS. It has products which companies need. However, the company is wounded, management is wounded, investors are wounded. Analysts are ticked off. If there was ever a white knight needed to save a damsel in distress this is it. SUN, Oracle, Microsoft where are you? For only a small amount of investment you can pick up a jewel that is temporarily tarnished

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