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

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To: robbie who wrote (8692)7/21/2000 12:07:17 AM
From: Doug Fowler  Read Replies (1) of 9068
 
I don't buy the explanation for the SEVERE quarterly shortfall.

If the demand is there as Citrix tells us, and people need product today, they will take it in the way they can get it.

But if demand is down, customers will be much more picky and insist on their own terms.

It is MUCH more likely that demand has FALLEN significantly, and if that is true, Citrix is still a VERY expensive stock.

Very terse earnings release statement, by the way. That in itself troubles me and should any potential investor at this time.

Citrix earnings reports in the past have had quotes from several executives, with a party-like tone.

And with a promise not to reprice stock options, it will be difficult to hold on to key employees.
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