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


To: deeno who wrote (6847)7/28/1999 5:18:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 9068
 
deeno, I like stocks with a lot of institutional ownership. There are some bright people in institutions who follow this industry and I am heartened by their endorsement of the company. I initially started to research CTXS some months ago based on Value Line's description. I spent quite a bit of time analyzing the company's financial statements and 10-Ks and 10-Qs. From there I consulted various people who understand network architecture far better than I. I also discussed the company with an institutional analyst and a CTXS consultant. I took the plunge last week when the shares seem to go on sale in the high 40s.

My conclusion is that this is a quality company that can experience significant growth over next decade. I especially like the idea that it provides the software tools for ASPs, server-based computing and thin client computing.

TTFN,
CTC



To: deeno who wrote (6847)7/28/1999 10:00:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 9068
 
A NEW CLASS OF COMPANY AND CITRIX IN GOOD COMPANY 05/12/1999 The Wall Street Journal
LAS VEGAS -- Twenty-five technology companies announced the formation of a consortium to develop guidelines and standards for a new class of software-service company.

The group is being formed to stimulate a new industry for application-service providers, companies that centrally provide software services from data centers over a computer network, the companies said. Initial members of the ASP Industry Consortium, as the group is called, include AT&T Corp., International Business Machines Corp., Compaq Computer Corp., Sun Microsystems Inc., Sharp Electronics Corp. and Citrix Systems Inc.