Citrix Systems (CTXS) Message Board

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Technology Stocks : Citrix Systems (CTXS)

CTXS 103.90

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Nov 2 5:00 PM EST

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To: Sonny who wrote (8890)	4/19/2001 7:15:36 AM
From: Micawber	Read Replies (1) of 9068

I find this troubling: From the Reuters report: Once a high flyer on Wall Street, Citrix last July said a shift by big corporations and other customers to electronic purchases of its products had come faster than expected and had upset anticipated sales growth. From the company PR: FINANCIAL HIGHLIGHTS -- Electronic delivery of licenses this quarter amounted to 19% of product sales compared to 24% in the previous quarter. WTF is going on here? Was the explanation last June just an excuse for poor execution? Was this explained in the CC? I also find the fact that they have swept the CEO search under the rug a little disconcerting.

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