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: Shaw who wrote (8575)	6/24/2000 12:27:00 AM
From: Doug Fowler	Read Replies (1) of 9068

Things are likely WORSE at Citrix than we have been led to believe, and this is WHY they are dumping the chairman and demoting the CEO (who you can be sure will be gone entirely shortly -- nobody takes a demotion like that lightly). The REAL problem at Citrix is likely that this is the end of the line for quick, easy growth, and I suspect the movement toward re-engineered applications for the ASP market will quickly impact revenue levels at the company. Can Citrix shift strategy to be a significant player in this new environment? Possibly, but not too many companies have successfully maneuvered that kind of shift. Given these uncertainties, especially highlighted by management moves today, the stock is too expensive and risky for my money.

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