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

To: Mike Buckley who wrote (7080)	11/3/1999 11:54:00 PM
From: jhg_in_kc	Read Replies (1) \| Respond to of 9068

Mike, do not be greedy. If you get a company that can go at 50% for five years, take it. Look at Dell, peaking now I think. jhg

To: Mike Buckley who wrote (7080)	11/4/1999 12:04:00 PM
From: Chuzzlewit	Read Replies (3) \| Respond to of 9068

Mike, I think you misunderstood (or I obfuscated <VBG>) the point of my last post. My focus was on SEBL, not CTXS. I think that SEBL's potential market (given its current business) is much more constrained than CTXS, and for that reason it is easier to make a price does matter argument for SEBL. I view CTXS's future as open-ended, and so I cannot imagine at what point it will become mature, or what it will look like when that point arrives. By contrast, such imaginings are possible for other companies. For example, if you look at AMZN as a retailer (forget all the dot com hype), and you look at the total retail market in the US you quickly realize that if AMZN had a 5% market share as a mature company (a huge leap of faith considering the presence of retailing powerhouses like COST, WMT, etc.) it could not possibly justify the price it commands today. I like to divide the world of growth companies into two arenas: those that prosper not so much through the creation of new markets as by increasing market share by superior products; and those that grow through the creation of new markets by the generation of entirely new products. For what it's worth, I believe that CTXS belongs in the latter category, and I remain wildly bullish on this stock. But given the fact that I cannot imagine the nature of this company as a mature entity I would not hazard a guess at what it should be selling for today. TTFN, CTC