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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Riskmgmt who wrote (6263)3/23/1999 4:28:00 PM
From: Al Chechatka  Read Replies (2) of 9068
 
Bought some today for my long term portfolio, I think with a market of 45 billion by 2002, even if its only half that 22.5 billion and Citrix gets 20% of the market share, that will give them revenues of 4.5 billion in 2002 which would contain a revenue growth rate of ~110% per year!

There still are some unknowns, what the new money is for. Someone on Yahoo board mentioned Redhat. I thought of that since Citrix is a OS company. The only way they would buy them is to lower the sw cost for the "appliance" devices (.ie cellular phones wireless terminals) and to continue to lower its exposure to MSFT. I doubt this one more than Citrix buying technology from MSFT.

Who knows what they have up there sleeve, but I know this, Citrix is committed to increasing shareholder value.

Al C. - in at 68 5/8's
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