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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who started this subject8/22/2000 11:40:46 AM
From: Dave Gore  Read Replies (1) of 150070
 
FTRL and Citrix News...Zack's rating 1.3...near 52wk low

FutureLink Honored by Citrix Systems, Inc. as Largest Volume Reseller in Multiple Territories; ASP Continues Its Success As the Leading Citrix Reseller
biz.yahoo.com

This stock seems like a pretty good bet to me:

- Partnership with Microsoft; Microsoft invests $10 Million in FTRL (see partial PR below)

- Stock near 52 week low
Annual high: 38-1/2
Annual low: 3-4/4
Current: 4-1/16

- Revenues from June qtr up 49% from March 31 quarter.

- Zack's rating of 1.3 (3 strong buy, 1 moderate buy, 0 hold, 0 moderate sell & 0 strong sell)

- NASDAQ stock (not OTC/BB)

For those that missed it; Press Release that relates to Microsoft Partnership

IRVINE, Calif.--(BUSINESS WIRE)--June 30, 2000--

R&D Lab to assist ISVs in preparing for Hosted Application Offerings; Showcase Facilities to serve as a sales tool for ISVs to demonstrate their applications running in an ASP-hosted environment based on Windows 2000 Terminal Services; Microsoft also to make an equity investment in FutureLink

FutureLink Corp. (Nasdaq: FTRL), one of the first Application Service Providers (ASPs), today announced that it has entered into an agreement with Microsoft to jointly establish an R&D Lab and two Hosted Application Showcase facilities for Independent Software Vendors (ISVs) who
wish to provide hosted versions of their applications using Windows 2000 Terminal Services. FutureLink also announced Microsoft is making a $10 million equity investment in the company.
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