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: jkb who wrote (8964)	5/10/2002 10:10:27 AM
From: David Lawrence	Read Replies (1) of 9068

>Earning are on the way down, and not just because of the recession. I believe the down earnings are temporary and have been largely caused by the drastic cuts in IT spending. Citrix appears to have been less affected than many other IT companies due to their recurring revenue stream. >Clients seemingly rather redevelop their apps to web based; pulling the need for CTXS product. Some will redevelop, but there are a hell of a lot of legacy apps out there. Redeveloping all of them will be an expensive and time consuming process. >but unless they have a new line of bus, I don't see how putting a penny into this stock makes sense. nFuse Elite. Will it be their new blood supply? IBM and Computer Sciences appear to think so. Only time will tell.

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