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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (1384)1/24/1998 5:37:00 AM
From: sunny  Read Replies (1) of 18691
 
Roger,

I'm very interested in your opinion on CTXS. Enjox reading your comments as your record is retty good so far.

I'm long CTXS at 75 and interested in why you think it's overvalued. There are a lot of software companies that trade at a PE >50. And they don't even grow at that rate. CTXS is expected to grow >30%. That should result in earnings of >3$/share in 2000. With 2.00$ likely in 98, CTXS trades at a forward PE of 33. Do you regard that as being overvalued?

I'm so curious in your opinion because you've been right so far. You seem to have the arguments on your side. Would you mind sharing them with me? Or give me your interpretation on the latest earning announcement.

Looking forward for your appreciated answer.

Best luck to all of your investments,
sunny
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