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


To: Chuzzlewit who wrote (6795)7/20/1999 8:56:00 PM
From: David Perfette  Read Replies (1) | Respond to of 9068
 
I've noticed both with the CC and the thread discussion, there seems to be some concern over the options number reported. I'm a little confused as to what exactly the options number represents. If I'm understanding it correctly, some of the things it includes are upgrades and additional individuals added to a current clients contract? Would greatly appreciate if someone could elaborate a bit more on what this involves, and it's importance relative to the other income streams.

Thanks,
David P.



To: Chuzzlewit who wrote (6795)7/21/1999 11:35:00 AM
From: Muthusamy SELVARAJU  Read Replies (2) | Respond to of 9068
 
Thanks for the note, but it confirms my theory that they hid away what was in effect a $100m+ revenue quarter (ok, I was counting on it!) in the deferred revenue line, and that explains why their EPS performance was not at least $0.03-.04 higher.

Thanks! Still long CTXS (but it hurts...).