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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (73863)	11/30/1999 11:45:00 PM
From: Riley	Respond to of 120523

ELON news....this is an Audio and quite impressive... biz.yahoo.com

To: Jenna who wrote (73863)	12/1/1999 12:06:00 AM
From: puborectalis	Respond to of 120523

Changes to Jubak's Picks Add Citrix Systems (CTXS) I hope some of you got a chance to jump into Citrix Systems (CTXS) when, on Nov. 23, it briefly fell below the $82 buying target I set in my Nov. 19 column, "Stocks that'll hop to apps on tap." I'm going to add it to Jubak's Picks with this column even though I'm not getting that "bargain price." The stock is now just $5 above its 10-day moving average and looks set for another leg in its rally. Citrix is the best pure play in the coming world of applications on tap, and the company has revised its strategy to go after this opportunity with both hands. In early November, it signed what I think is a big deal with Cisco Systems (CSCO) to co-develop software for delivering applications all the way from external servers through company networks to individual desktops. About 90 application service providers have expressed interest in using the company's MetaFrame platform for running software over the Internet. That big opportunity should start to kick in for Citrix in 2001. In the near term, the upcoming release of MetaFrame 2000 for the soon-to-be-released Windows 2000 ought to drive substantial revenue and earnings growth. My target price for Citrix is $115 by May 2000. (Full disclosure: I own shares of Citrix Systems.)