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


To: freeus who wrote (7294)11/29/1999 9:37:00 PM
From: MikeM54321  Read Replies (1) | Respond to of 9068
 
"...But that's not bad news for Citrix. In fact, sales of Microsoft Corp.'s {MSFT} competing product benefit Citrix in several ways. For starters, Citrix receives a royalty payment on each sale of Microsoft's Windows Terminal Software, which is based on Citrix technology."

Thread,
It would be nice if the above was accurate. But I don't believe it is. I think the writer got the royalty payment details wrong. The payment was going to be based on sales of MSFT product, but CTXS renegotiated it so it's paid quarterly and is a flat fee. I don't remember the exact figure, but I do believe it ends in a year or two. I believe they add up to a total of $150 million.

But anyway, here's another story. Kind of the same old thing, but it's all positive.

cnbc.com

MikeM(From Florida)