Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stevefoder who wrote (7062)	10/30/1999 1:32:00 PM
From: tekboy	Read Replies (1) \| Respond to of 9068

S&P 500 and Market Penetration Good post from the Fool's CTXS thread... --tekboy Date: 10/29/99 10:02 PM Author: JaneAusten After the market closed, it was announced that Citrix would be added to the S&P 500. I also spoke with Citrix IR this morning. (They really are very friendly.) I asked them what their current desktop penetration was for a typical company in the Fortune 100, the Fortune 500, and the Global 1000 (??). I also asked what their estimated penetration percentage would be for these groups by December 2002. They told me they could not comment on future projections but they gave me the following information as of this quarter. As you know they currently have sold licenses to 98% of Fortune 100 companies, 80% of Fortune 500 companies, and 30% (??) for the Global 1000. What their IR told me is that their current average desktop penetration rate for their current customer base is 5%. This equates to total licenses of 3.6 million, covering 15 million users. If they reach a desktop penetration rate of 50% over the next two years, their licenses would be at 36 million with 150 million users supported. These numbers represent an order of magnitude increase in license usage. I can't remember what book I read it in, maybe The Roaring 2000s, but the author claimed that if you could invest in a company when it reached the 20% adoption rate, the next 50% gain would occur at an explosive rate. This equates to the Moore's Adoption Life Cycle where the Innovators and Early Adopters have piled on, right before the tornado. I believe Citrix is poised to enter that tornado and garner huge adoption gains over the next 2 years. Y2K, real or imaginary, is the only issue holding them back. JaneAusten