Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 291.20

+2.2%

Oct 31 9:30 AM EST

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To: Stock Watcher who wrote (37762)	8/24/2000 10:55:07 AM
From: Dave Gore	Read Replies (1) of 52051

Looks like FTRL (nasdaq) making a move today; worth watching perhaps Recap: FTRL and Citrix News...Zack's rating 1.3...near 52wk low - Stock near 52 week low Annual high: 38-1/2 Annual low: 3-4/4 Current: 4-1/2 (up 1/2) Recent news: 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 - Partnership with Microsoft; Microsoft invests $10 Million in FTRL (see partial PR below) - 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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