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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?


To: dreydoc who wrote (6781)7/19/1999 5:44:00 PM
From: Raymond Duray  Read Replies (2) | Respond to of 9068
 
Hi dreydoc,

Couldn't agree with you more. Compare the statement fragment below to the comments of Carly Fiorina today on CNBC. She said, in plain English that H-P needed to change to suit the Internet and the 21st Century. Plain spoken and HWP reacted by moving up 2 1/4 on a down day. Nuff said.

Re: "This has been exacerbated by new challenges for the information technology (IT) organization predicated by trends in today's business environment which have been created by....."

I'm a new member of the 'Citrix Longs' Club. My first official request of the club is that we send Mr. Iacobucci a copy of Strunk & White. It couldn't hurt. <gg>

Ciao, Ray



To: dreydoc who wrote (6781)7/20/1999 11:05:00 AM
From: Marconi  Read Replies (1) | Respond to of 9068
 
Hello Dreydoc:

Mr. Iacobucci has lost himself in talk. I counted 30+ abstract concepts in the quote below. Most people handle a few abstract thoughts in a memo well. 30+ may be on target in Mr. I's mind, but it is not precise in my mind what he means. Culturally Mr. I is very Western--talking in abstract terms. A dose of Eastern mentality--word pictures for us simple folks to relate to--could be much easier to handle. There are so cotton pickin' many degrees of freedom in his statement the reader is left puzzling, and puzzling, and puzzling....
Perhaps Mr. I is being 'safe' and profound. I still do not understand their business from what he says. Maybe they could hire ex-President Reagan to make it understandable to me. RR had a decent way of speaking to the goodness in things in ways that I could understand.

I was puzzled by the nice tripling in operating income but a relatively modest increase in diluted share income. There must be a huge amount of shares somewhere--stock options for management maybe? If so, I would think that would have hit their income statement in lines above the bottom line, too, for consistency. I am missing something big in that picture.
Best regards,
m

>>Commenting on further market developments, Edward Iacobucci, Citrix's chairman and chief technical officer said, "Computing complexity has continued to grow as corporations focus on delivering more sophisticated applications to their users. This has been exacerbated by new challenges for the information technology (IT) organization predicated by trends in today's business environment which have been created by globalization, consolidation and the Internet. Today's IT organization must balance these issues in conjunction with managing the demands of their expanding user population which may potentially include suppliers and customers as members of their extended enterprise. Server-based computing addresses these issues by providing the independence and flexibility to extend the reach of applications to users around the globe both within and outside of the company while simultaneously reducing the cost and complexity of computing." <<