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


To: MikeM54321 who wrote (6907)8/18/1999 2:04:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 9068
 
Mike, thanks for taking the time to call IR.

From my figures I get MetaFrame being $39.7 million in Q2 versus $39.1 million in Q1. But I could very well be, and more than likely am, mistaken because of CTXS's convuluted breakdown in sales categories.

I caught the blurb after I bought the stock, but since then I have not been able to track down the source of the information. If it was in the 10-Q I certainly didn't see it. What is the source of your calculations?

I have looked at CTXS' business model fairly closely, and have concluded that it is well-positioned for the long run. So even if the anemic growth of Metaframe turns out to be true for the quarter I suspect that it will simply be a blip on chart and not meaningful for the long run. Some have suggested that Y2K lockdowns have impacted all software companies to varying degrees, but if this is the case with Metaframe, and my bullish sentiments about the business sector are correct, we should certainly see an explosive resurgence of sales in Q1, and perhaps in Q4 of this year.

TTFN,
CTC