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: JMD who wrote (8779)	9/27/2000 9:07:09 PM
From: Redman	Read Replies (1) of 9068

JMD I agree with your statement, however I think most fund managers and analyst got burned badly just like we did. They have held this stock down, placed price targets well below current trading price (Lehman) and ignored any progress they have made. They were pissed. I think there is a need for the current management, however Templeton just could not handle the CEO role. He tried to do too much at once trying to make ctxs the "5 billion revenue company in 5 years" and got burned badly. We went down with him. He is a good marketer, but not a leader or CEO. One great thing, you can count on this shit not happening again. Every great company from msft to cisco to dell to oracle have had periods of transitions coupled with mistakes, and they also paid the price. Fortunately for them they were not in the "priced to perfection" market that we are in now. I think ctxs comes out of this either being bought out, or bigtime successful and not taking their eye off the ball for anything. Alot of pain has been felt (from this writer as well), and nobody wants to go through it again. Most importantly, I hope this event has brought a few of those guys down to earth. They have always had a sense of arrogance about them that probably has deflated since this turn of events. Red

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